You know it’s coming right? The insurance company bailout because ObamaCARE is such an unmitigated disaster right? But how will Obama give the insurance companies an additional bailout with our tax dollars? Is it already written into ObamaCARE that insurance companies will get a bailout if too few sign up for ObamaCARE. But that was based on the mandate starting this year, and not in 2016 for businesses. Will Obama give insurance companies get an additional bailout to let people keep their ‘junk’ plans longer?
Apparently the President is also look to grant an additional extension for people to keep their “non compliant” plans on the individual marketplace through 2016. Which I am sure has nothing to do with the 2014 midterm and 2016 presidential elections.
Thus we have the rationale for the extension of the federal reimbursement program.
There have been 29 changes to the Obamcare bill made via Presidential executive order using authority that the president does not have. This will be one more.
Each of those orders is another admission that Obamacare is a disastrous program that was thrust upon the American people without being thought through (or even read) by congress. Each of the orders is an announcement that Obamacare does not work.
And this “bailout” of insurance companies, even if it is just for an additional year or two will be costing money our country does not have.