CORRUPTION: OBAMACARE OFFICIALS CAUGHT PAYING OFF INSURERS TO REMAIN IN EXCHANGES

Comment: MONSTROUS government malfeasance of the highest order.  High crimes and misdemeanors, felonies, and theft, all in a desperate attempt to prop up a hideous outrage and cover up what we all always knew: Obamacare does not work.

“Senior Obama administration officials took a series of decisions beginning in late 2013 that ranged from the reckless to the illegal in an effort to keep insurers participating in health insurance exchanges.”

“A report issued last week jointly by the House Ways and Means and Energy and Commerce committees explores how the administration came to unlawfully funnel $7 billion in unappropriated money to insurers through [the cost-sharing reduction (CSR)] ObamaCare program.”

“[T]he government’s unlawful spending on the CSR program fits into a broader pattern of malfeasance in ObamaCare implementation. That malfeasance includes decisions made during the first half of 2014 to unlawfully divert $3.5 billion to $4.5 billion from the Treasury to insurance companies through the “reinsurance” program.”"

“Although the administration is not especially fond of insurers [...], the exchanges would collapse without them. To avoid the political embarrassment of insurers withdrawing en masse from the exchanges, it has chosen to supply them with unlawful payments and stonewall congressional inquiries into this misconduct.”

Panic prompted ObamaCare lawlessness
By Doug Badger, contributor,    July 15, 2016, 11:47 am

 

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