Obamacare-Causing Insurers To Beg For Bailouts

An influx of insurers offering plans through Obamacare exchanges are taking a financial hit due to provisions in the president’s landmark health-care legislation – leading many to ask for a taxpayer bailout.

With companies facing losses much higher than initially anticipated, the Department of Health and Human Services has been unable to keep up with demands for funds from its risk-corridor program. The risk-corridor program was designed to provide funds to limit insurers’ increased costs brought on by the high claims costs seen since the implementation of the Affordable Care Act. HHS paid just $362 million in risk corridors charges– a tiny fraction of the$2.87 billion requested in 2014.

Now, the industry that once lobbied for the law’s implementation — assuming it would lead to an inpouring of new customers due to its individual and employer mandate — is hoping the American taxpayer will pick up the tab.

As noted by The Fiscal Times, Florida Republican Sen. Marco Rubio spearheaded the effort to prevent unlimited bailouts by attaching a measure to a must-pass budget bill preventing funds from being appropriated to the Obamacare program, instead having HHS dole out the funds using tax revenue brought in through Obamacare.

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http://dailycaller.com/2016/07/01/obamacare-causing-insurers-to-beg...

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Ahhh poor babies,  You sold us down the river to fatten your bottom line and got into bed with a marxist, now live with it.  No bailout.

This is indeed our future.  

Those insurers who refuse to enter into the ObamaCare exchange will have all of their insuree plans cancelled.

Those who are in the 'program' ... will fail.  And the libs and Rinos will force us all (except for the uber class) on to a single payer system.

ObamaCare was always engineered to fail ... so the 'ones in power' would have complete control over our lives.

Obama and the democrats march to communism... Epic failure and all done to insure illegals..

The problems that health care providers and insurance companies are experiencing is common when a greedy over reaching government tries to dictate the business world for the biggest piece of pie. Ask the Russians how it worked out for them. Their government is sitting on billions and the people are suffering, and sadlly if Hillary wins this election, they will do the same to us.
Wait a minute. Insurance companies could also be playing the game of fools. How do we know they didn't turn a profit and scream for more money anyways? Greed is a nasty animal!!!

Lets not forget that the ragheads and the politicians are exempt from Ocommiecare,

Pharmaceutical and Insurance companies are the only ones making money.  For them to cry poor is an outrage.  NO MORE BAIL OUTS!!!!!

This was the plan all along.  Now he can put in single payer plan .  He will say it just happened and blame the insurance companies.  On the road to total ruin under Obama.

wow  ! this is supposedly Obama's best achievement and yet no one seems to enjoy it and in spite of this there are many that want Obama for a 3rd term ,. if this don't tell you what bad shape the usa is in then I don't know what will

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Political Cartoons by AF Branco

ALERT ALERT

SICK: Anderson Cooper Says Demographic Decline Of White Americans Is “Exciting”

“It’s an exciting evolution.”

Embedded video

[Click To Watch]

CNN’s Anderson Cooper said during an interview with Univision anchor Jorge Ramos that he found the demographic decline of white people “exciting”.

“The idea that, you know, whites will not be the majority, I mean, that’s — it’s an exciting transformation of the country, it’s an exciting evolution and you know, progress of our country in many different ways,” said Cooper.

Ramos agreed that whites becoming a minority in America was inevitable and a positive development.

The Judge@V8POW

Anderson Cooper barely able to contain his excitement about Whites becoming a minority.

Not thrilled about being replaced in the country your ancestors founded: you're a "Supremacist"

Understand White People, you're already in a race war.

“There’s nothing really they can do against this incredible demographic revolution. And in 2044, everyone is going to be a minority,” he said.

The media has repeatedly asserted that even raising the “conspiracy theory” of “the great replacement” or the demographic decline of white people puts you on a par with mass shooters and terrorists.

However, it’s apparently completely fine to talk about the issue so long as you proclaim the demographic decline of whites to be a positive thing.

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