Obamacare check to health insurers comes up short

Obamacare check to health insurers comes up short. The federal government promised them $2.9 billion for 2014. When they finally wrote the check, it was for only $362 million, because Obamacare “hasn’t brought in nearly as much money as it needs to pay out.”

This post was last modified on April 10, 2021

J.P. Travis: Born and raised in Grand Rapids, Michigan, 1976 graduate of University of Michigan, father, grandfather, husband, founder and CEO of Travelyn Publishing (http://www.travelynpublishing.com/), and passionate anti-government believer in individual liberty.

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    • Theocratic lly, th e government is paying for some percentage of the cost to states and companies, subsidies for enrollees, etc. Aft e r a couple more years that comes to.a screeching halt. How are they gonna pay for it then?

  • And the goal of this boondoggle was, and still is Single Payer. It was never supposed to work, Quagmire and his band of liars told the Insurance Companies they'd get stinking rich, when the plan was to drive them out of business.

  • The gooberment screwed the pooch when it comes to veterans care too. Obummercare is a clusterf**k, veterans healthcare has gotten worse even though another entire bureaucracy has been set up, and millions of dollars wasted, to help vets get timely care. Everything this administration has touched has turned to crap and the blame does not lay on the Obummer's shoulders alone. There are 535 other elected fools in Washingtoon, plus 9 pussies on the Potomac, who share the blame for the healthcare mess.

    • VA healthcare is a scary endeavor.
      I am going to have to have surgery soon, I refuse to go near the VA for this. Back in Feb, I was rear ended, and have a blown out disc in my neck. Instead of being round, it is tear-drop shaped, and pressing against my spinal cord. If I don't have the surgery, I will become paralyzed. I have to have the disc removed, a spacer inserted, and the vertebrae fused. I will be out of work for at least a month under optimum circumstances. If you think I would let the VA do this surgery, you're nuts! First, I'll be lucky if they schedule it before paralysis sets in, second, I doubt they can do it without screwing it up, and third, if they screw it up, I have no recourse to sue. Which means I will become destitute. No, I will be going to a well respected surgeon outside the VA system.

  • Boy screwed the medical insurance companies too. That is what happens when you believe a lying communist muslim.

  • I have zero sympathy for the insurance companies. They voluntarily crawled in bed with the Obamacare slut so they have no one to blame but themselves when they come down with a dose of the fiscal clap.

    • You're right, but I put the blame squarely on Barky. He kept giving out so many exemptions that I'm surprised they had any income at all!