Acting Asst. Sec. Susan Thornton and EAP team en route to her nomination hearing before the Senate Foreign Relations Committee!
Democrats are looking back with regret on a provision that was slipped into a funding bill two years ago, arguing that it is contributing to the insurer problems plaguing ObamaCare.
In hindsight, some Democrats say they should have fought harder against the Republican provision, which limits funding for insurers under a program called risk corridors.
“I felt like this could have been stopped and it wasn’t,” said a Democrat involved in the 2014 negotiations.
“At the time there were Appropriations staff on the Democratic side who did not fully understand what they were doing,” the source added.
The risk corridor program was designed to provide financial stability for insurers in the early years of the healthcare law by taking money from insurers faring better financially and giving it to the insurers faring worse.
But in the first year, the program took in nowhere near enough money to cover the payouts. Then the provision put into the 2014 law, which Republicans said was needed to prevent an insurer “bailout,” prevented the administration from shifting funds from other areas to make up the difference.
I WOULD IMAGINE... THE DEMS DID NOT REALIZE THEY WERE LOSING CAMPAIGN $$$$$$ THESE INSURERS GOT WHEN THEY GOT TAXPAYER $$$$$ TO BAIL THEM OUT. NEW LAWS... REGULATIONS... GRANTS... WHAT EVER COMES OUT OF DC SIMPLY MEANS A SLUSH FUND FOR THOSE IN POWER. $$$$$$$$$ TO FOLLOW. 90% FOR THE POLITICIAN. 10% FOR THE LIL GUY. THESE POLITICIANS... LOVE A CRISIS.. A HURRICANE.. FLOODING.. TORNADO... BILLIONS$$$$$ FLOW INTO THESE POLITICIANS HANDS... VERY LITTLE TO THE LITTLE GUY.
If there ever is a tax revolt ... boy are we in trouble...
Why should consumers pay excessive premiums, deductibles and copays and also subsidize the insurance companies with our tax dollars. They just want to suck the blood right out of us.
I remember hearing peabrainlosi's famous quote, like I just heard it 5 minutes ago. "Lets pass the bill first, and then we can read what is in it." This speaks volumes of the incompetency and greed in these so called "reps." oblammacare is doing what it was designed to do: Bankrupt the "middle class" and enable the illegaloblameaites to have free and total coverage. The high deductibles, high premium payments and the iron fist of the dictator/oblamea's individual mandate. Communism/dictatorship that pol pot would be proud of!
The adverse selection provision, which back stopped insurers, is fundamentally what is wrong with ACA. Insurers must be able to set prices based on risk management and with no ability to do that, prices go through the roof.
this is so wild and funny. just imagine how many members of congress have worked in the insurance industry before being elected to congress
None of this crap will ever stop until we get SERIOUS about STICKING to the CONSTITUTION.
Article 1 Section 8 is a friend to every right-thinking American. Nowhere in this section will you find the words "healthcare" or "medicine".
Know it. Love it. Appreciate it. Follow it. Teach it to others.
"The powers delegated by the proposed Constitution to the federal government are few and defined. Those which are to remain in the State governments are numerous and indefinite." –James Madison, Federalist 45
all done behind close doors not a single republican voting for it....and they saw nothing wrong with it....they are scared to death now and the party of jack asses are really going to feel the burning wrath of the American People
Democrats have made nothing but mistakes every year, look at what we have as President, the worst ever, and the Dems. think they have really done something good for America and all they have done is create a mess, the jobs and the economy are in shambles so instead of improving them Obama simply lies and says the economy is great and the unemployment is lower than ever,that keeps him from doing his job of creating jobs because he doesn't know how,one day the Dems. will wake up and say they need to make changes to help America but right now they are ruining us with another worthless candidate called Hillary who is going to continue Obamas destruction of our nation.and the Dems are to blame.
I was reading a lot of the comments above, and was reminded of a statement Neal Boortz once said..." Anyone that does not pay taxes (just a leech on Society, my words) Should not be able to vote. If you don't pay into this great country and help support her with your tax dollars then you certainly should have no sayso on who it's leaders are. That means that the 47+% ... on welfare, food stamps, Obamacare, Obama Phones,ETC. ( These are the ones that complain about how bad they have it in America, some of these would not pledge alegience to the flag of this great Nation )
Should Not Vote! Many of these are recieving monthly handouts from the government simply because they are too lazy to work, and some are doing odd jobs for cash pay as well, to hide it from the goverment.
Let the Tax Paying Citizens of America be the only ones to VOTE for her leaders! Local goverments and National leaders. That would help root out of government, a lot of bad politicians and and crooked leaders.