3 billion in unauthorized subsidies by Treasury to insurance companies
- Thread starter TarHeelEer
- Start date
Too big to fail. Insurance companies are being funded because the model upon which Obamacare was built turned out to be wrong. They had far fewer young people and far more old and sick people sign up than the models predicted. Thus the bailout.
You just can't get away with that in the government
People go to jail for misplacing a couple hundred thousand dollars. How does $3,000,000,000 get diverted without some kind of congressional authority. Is the FED now someone's private check book?
People go to jail for misplacing a couple hundred thousand dollars. How does $3,000,000,000 get diverted without some kind of congressional authority. Is the FED now someone's private check book?
They knew that when they setup up. They were counting on that
the fix is "Single Payer"....now we are ALL in...Fck'd.
the fix is "Single Payer"....now we are ALL in...Fck'd.
The Insurance companies and Big Pharma were ALL IN on it.
Just as Comcast and Time Warner etc...were ALL in on this new internet deal. Nothing like becoming a rock solid monopoly....
Just as Comcast and Time Warner etc...were ALL in on this new internet deal. Nothing like becoming a rock solid monopoly....
Re: I didn't get that either. Matter of fact, increases all years since
My premiums actually went down, but so did the coverage so the net cost is about the same.
The whole thing is a huge mess and completely and totally missed the mark. It did nothing to control costs, but instead just increased the demand for insurance. The basic premise wasn't all that bad, but the final product and execution was horrible.
I went to a small business seminar and listened to a 2 hour talk on ACA. It was maybe a year before the law was finished and hte talk was given by representatives of insurance companies. What was described didn't sound too bad, but it also wasn't anything like what the final product ended up being.
To be fair, I'm gonna guess that it increased all years before it was passed too. I know mine did.
My premiums actually went down, but so did the coverage so the net cost is about the same.
The whole thing is a huge mess and completely and totally missed the mark. It did nothing to control costs, but instead just increased the demand for insurance. The basic premise wasn't all that bad, but the final product and execution was horrible.
I went to a small business seminar and listened to a 2 hour talk on ACA. It was maybe a year before the law was finished and hte talk was given by representatives of insurance companies. What was described didn't sound too bad, but it also wasn't anything like what the final product ended up being.
