Posted On: 05/03/2016 7:03:34 PM
Post# of 65629
The (Illegal) Obamacare Bailout That’s Happening Right Under Our Noses
May 2, 2016 by AFP
Recently, it’s become apparent that the Obama Administration has been misappropriating billions of taxpayer dollars to cover the losses of major insurance companies incurred under Obamacare.
The Center for Medicaid and Medicare Services has funneled $3.5 billion in taxpayer funds designated for the Treasury directly to the major insurers that helped write the president’s health care law. This is a classic case of corporate welfare in Washington, a culture that AFP continues to lead the charge against.
Obamacare has already forced Americans to pay more for their healthcare in the form of higher premiums and deductibles, and now they’re paying for it twice. It was evident when the law was first created that it was riddled with cost overruns and unworkable mandates.
It’s bad enough that we have had to deal with limited choice, the loss of trusted doctors, and higher costs. Now that Obamacare is collapsing, American taxpayers are being smacked with the bill.
Americans don’t want to bailout giant insurance companies, especially as a result of a law that those very same companies helped create.
The president’s health care law is broken, and the answer isn’t another bailout – it’s getting rid of Obamacare once and for all! Tell your lawmaker to take a stand against Obamacare with the click of a button in our Action Center.
May 2, 2016 by AFP
Recently, it’s become apparent that the Obama Administration has been misappropriating billions of taxpayer dollars to cover the losses of major insurance companies incurred under Obamacare.
The Center for Medicaid and Medicare Services has funneled $3.5 billion in taxpayer funds designated for the Treasury directly to the major insurers that helped write the president’s health care law. This is a classic case of corporate welfare in Washington, a culture that AFP continues to lead the charge against.
Obamacare has already forced Americans to pay more for their healthcare in the form of higher premiums and deductibles, and now they’re paying for it twice. It was evident when the law was first created that it was riddled with cost overruns and unworkable mandates.
It’s bad enough that we have had to deal with limited choice, the loss of trusted doctors, and higher costs. Now that Obamacare is collapsing, American taxpayers are being smacked with the bill.
Americans don’t want to bailout giant insurance companies, especially as a result of a law that those very same companies helped create.
The president’s health care law is broken, and the answer isn’t another bailout – it’s getting rid of Obamacare once and for all! Tell your lawmaker to take a stand against Obamacare with the click of a button in our Action Center.
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