Lies, Damned Lies, and Obamacare Premiums

Comment: This PolitiFact Lie-of-the-Year prize-winning Administration is trying to hide the real cost of Obamacare policies from the public with illegal bribes to insurance companies, to keep Obamcare premiums artificially low.

“The Obama administration has quietly adjusted key provisions of its signature healthcare law to potentially make billions of additional taxpayer dollars available to the insurance industry if companies providing coverage through the Affordable Care Act lose money.”

“The move was buried in hundreds of pages of new regulations issued late last week. It comes as part of an intensive administration effort to hold down premium increases for next year, a top priority for the White House as the rates will be announced ahead of this fall’s congressional elections.”

[...]“In a series of White House meetings over the last several months, Obama and other senior administration officials have sought to persuade insurance company CEOs to nonetheless hold rates in check, arguing that the marketplaces would stabilize over time.”

Federal funds earmarked to offset Affordable Care Act insurer losses
By: Noam N. Levey, May 21, 2014

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