easyt65
Diamond Member
- Aug 4, 2015
- 90,307
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http://dailycaller.com/2015/10/19/feds-hide-secret-list-of-11-staggering-obamacare-insurers/
Federal officials have a secret list of 11 Obamacare health insurance co-ops they fear are on the verge of failure, but they refuse to disclose them to the public or to Congress
Just in the last three weeks, five of the original 24 Obamacare co-ops announced plans to close, bringing the total of FAILURES to nine barely two years after their launch with $2 billion in start-up capital from the taxpayers under the Affordable Care Act
All 24 received 15-year loans in varying amounts to offer health insurance to poor and low income customers and provide publicly funded competition to private, for-profit insurers.
Nearly half a million failing co-op customers will have to find new coverage in 2016. More than $900 million of the original $2 billion in loans has been lost (WASTED).
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A year after Democrats rammed the ACA into law against the majority opposition of the American people, Harry Reid ADMITTED in an interview that 'The ACA was NEVER intended to succeed but was meant to be a 'bridge' to the government-preferred Single-Payer'. He went on to add that they EXPECTED IT TO FAIL but that it was failing FASTER than expected.
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OBAMA: "The ACA will NOT COST A DIME....THE ACA will PAY FOR ITSELF."
THAT should have been the Lie of the Year, not that you could keep your doctor / plan if you wanted!
Let's forget for a second that no government in world history has ever created a social program that did not cost a dime and / of paid for itself....
'Won't Cost a Dime'? ACCORDING TO THE CBO:
It estimated that the total net cost of the insurance coverage provisions of the law would be $1.35 trillion over 10 years, from 2016 through 2025. This net cost includes gross costs of $1.993 trillion, which includes spending on subsidies for insurance obtained through the exchanges, tax credits to small businesses and expanded Medicaid coverage, minus revenues of $643 billion, which includes penalty payments from those who don’t obtain insurance and employers who don’t provide it.
$500 Billion was cut from Medicare to help offset the cost (which Obama said did NOT exist) of Obamacare.
As of Sept 24, 2014, the COST of the Obamacare Web Site, that STILL doesn't work as predicted / hoped, surpassed $2 BILLION dollars!
Obamacare Website Costs Exceed $2 Billion, Study Finds
---------------------------
The ACA will not go down in history as one of Obama's greatest achievements, a gift of 'free' / 'better' healthcare bestowed on America from its benevolent leader...
No, it will go down as the nation's LARGEST, EXPENSIVE, BIG-GOVERNMENT SOCIALIST POWER-GRABS SOLD TO THE NATION ON LIES, a program where the Socialist DNC Government declared to AMERICANS that they HAD NO RIGHT to know what was in the legislation being IMPOSED on them a program this administration FORCED on its citizens through monetary PUNISHMENT if it failed to comply with the government's EDICT, a program that FAILED, costing Americans their FREEDOM to choose their own healthcare and cost TRILLIONS!
Federal officials have a secret list of 11 Obamacare health insurance co-ops they fear are on the verge of failure, but they refuse to disclose them to the public or to Congress
Just in the last three weeks, five of the original 24 Obamacare co-ops announced plans to close, bringing the total of FAILURES to nine barely two years after their launch with $2 billion in start-up capital from the taxpayers under the Affordable Care Act
All 24 received 15-year loans in varying amounts to offer health insurance to poor and low income customers and provide publicly funded competition to private, for-profit insurers.
Nearly half a million failing co-op customers will have to find new coverage in 2016. More than $900 million of the original $2 billion in loans has been lost (WASTED).
----------------
A year after Democrats rammed the ACA into law against the majority opposition of the American people, Harry Reid ADMITTED in an interview that 'The ACA was NEVER intended to succeed but was meant to be a 'bridge' to the government-preferred Single-Payer'. He went on to add that they EXPECTED IT TO FAIL but that it was failing FASTER than expected.
---------------
OBAMA: "The ACA will NOT COST A DIME....THE ACA will PAY FOR ITSELF."
THAT should have been the Lie of the Year, not that you could keep your doctor / plan if you wanted!
Let's forget for a second that no government in world history has ever created a social program that did not cost a dime and / of paid for itself....
'Won't Cost a Dime'? ACCORDING TO THE CBO:
It estimated that the total net cost of the insurance coverage provisions of the law would be $1.35 trillion over 10 years, from 2016 through 2025. This net cost includes gross costs of $1.993 trillion, which includes spending on subsidies for insurance obtained through the exchanges, tax credits to small businesses and expanded Medicaid coverage, minus revenues of $643 billion, which includes penalty payments from those who don’t obtain insurance and employers who don’t provide it.
$500 Billion was cut from Medicare to help offset the cost (which Obama said did NOT exist) of Obamacare.
As of Sept 24, 2014, the COST of the Obamacare Web Site, that STILL doesn't work as predicted / hoped, surpassed $2 BILLION dollars!
Obamacare Website Costs Exceed $2 Billion, Study Finds
---------------------------
The ACA will not go down in history as one of Obama's greatest achievements, a gift of 'free' / 'better' healthcare bestowed on America from its benevolent leader...
No, it will go down as the nation's LARGEST, EXPENSIVE, BIG-GOVERNMENT SOCIALIST POWER-GRABS SOLD TO THE NATION ON LIES, a program where the Socialist DNC Government declared to AMERICANS that they HAD NO RIGHT to know what was in the legislation being IMPOSED on them a program this administration FORCED on its citizens through monetary PUNISHMENT if it failed to comply with the government's EDICT, a program that FAILED, costing Americans their FREEDOM to choose their own healthcare and cost TRILLIONS!
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