Just more proof of what a trash piece of legislation Obozocare really is...
ObamaCare's latest victims: 100,000 New Yorkers and taxpayers everywhere
Bad news for New Yorkers, thanks to ObamaCare: More than 100,000 policyholders just learned that their Health Republic insurance plans will be canceled on Dec. 31. The start-up insurer (spun off from the Freelancers’ Union) is hemorrhaging red ink and has to close down.
That’s unfortunate for the policyholders, who now have to scramble to find other coverage and try to keep their doctors.
But even worse is the abuse of taxpayers across the country: Congress loaned a whopping $2.5 billion of taxpayers’ money to Health Republic of New York and 22 other boondoggle insurance co-ops, even after being warned by its own budget experts that many co-ops would fail and not repay the loans. How carelessly politicians spend other people’s money.
All across the country, loans went to Obama cronies from his pre-presidential career as a community activist. During the fall of 2012, as his first term neared its end, Obama shoveled out money to these experimental start-ups.
ObamaCare's latest victims: 100,000 New Yorkers and taxpayers everywhere
Bad news for New Yorkers, thanks to ObamaCare: More than 100,000 policyholders just learned that their Health Republic insurance plans will be canceled on Dec. 31. The start-up insurer (spun off from the Freelancers’ Union) is hemorrhaging red ink and has to close down.
That’s unfortunate for the policyholders, who now have to scramble to find other coverage and try to keep their doctors.
But even worse is the abuse of taxpayers across the country: Congress loaned a whopping $2.5 billion of taxpayers’ money to Health Republic of New York and 22 other boondoggle insurance co-ops, even after being warned by its own budget experts that many co-ops would fail and not repay the loans. How carelessly politicians spend other people’s money.
All across the country, loans went to Obama cronies from his pre-presidential career as a community activist. During the fall of 2012, as his first term neared its end, Obama shoveled out money to these experimental start-ups.
