Leading Senate Republicans pressed the administration Monday to explain how it plans to recoup $2.4 billion in loans to Obamacare’s flailing co-op program and whether consumers will be able to get new coverage without significant hiccups.
Officials in Arizona announced Friday that its co-op will close in 2016, meaning nearly half of the 23 programs set up under the Affordable Care Act have failed.
“These non-profit, consumer-run health plans were intended to improve coverage, increase competition, and provide more affordable options. The CO-OPs are not living up to these expectations,” Senate Finance Committee Chairman Orrin Hatch, of Utah, and Senate Health Committee Chairman Lamar Alexander, of Tennessee, wrote in a letter to Andy Slavitt, acting administrator at the Centers for Medicare and Medicaid Services.
Their push comes one day before House Republicans kick off a pair of hearing on the co-ops’ woes, which have energized Obamacare’s critics right as the administration kicks off the law’s third round of signups on its web-based marketplace.
The co-ops, or Consumer Operated and Oriented Plans, were supposed to offer a consumer-oriented alternative to big-business insurance companies when the Affordable Care Act began to offer subsidized coverage on the exchanges in January 2014.
WHAT ABOUT THE $756,BILLION "O" TOOK FROM SOC. SEC. TO PAY FOR
obamacare. HOW IS THAT GOINGTO BE PAID?
SENIORS ARE NOT GETTINGTHE RAISE THIE YEAR
BECAUSE OF THE LOSS DUE TO obamas THIEFERY
God bless you. Keep up the fight and the pressure on Washington.
The Republicans are being asked what they would replace Obamacare with? How about the system we had before Obamacare? Wasn't it 80% of US employed had health insurance? Only the government would take the whole deck of cards and toss it in the air to address 20%.
But Obama's cronies have gotten rich pretending to set up insurance alternatives and building non-functional websites.
obummer is not through robbing social security, it will be completely gone before long. We will get an IOU in the mail or added to our bank statement. I hope all of the stupid idiots that voted for him are happy because their welfare payments may go the same way............but they are so stupid that they will not even know who took it away.......oh yow, it was whitey's fault.
Some Americans that thought Obama had money tree in back yard realized that he was lying to them. It shows how stupid and ignorant the people of this country are. Voters were promised all kinds of things and they never questioned how they would receive all of goodies Obama promised. They thought his majic wand could produce these things. Gruber said we were STUPID PEOPLE and he was absolutely correct. Geraldo claims we are Lazy group of people and he was correct. Holder called us COWARDS and he was right. We are looking for something for doing nothing society. How many of our population remember Obama speeches of 2008? We were told what his ideas were for USA and people elected first Illegal Black Muslim to highest office in world, not once but twice. All wars our people fought in and died and we allow USA to fall into hands of our enemies without a fight. We are getting what the Stupid-Lazy-Cowards wanted.
Amen to what you said is exactly right except he is the first half white person elected to that position he is not president he is a traitor a communist a mus slime.
I told you so before he even started to run AND YOU CALLED ME RACES but I was looking under the tree.
It is all happening just as he planed.Start obamacare force everyone on it ,make it so unaffordable that it collapses,and then force single payer which is govt owned and run healthcare ,with this they own you can force you to do whatever they want by threatening to cancel your healthcare if you don't(give up your guns,denounce GOD,worship obama as the king)Once this takes place America will be no more and you can thank the republicans because they went along with all of it by not cutting off the money and saying HELL NO we will not fund this traitor!
Obama said he was going to transform AMERICA well he has that was no lie HE IS NOT WORTHY TO BE CALLED OUR PRESIDENT
I don't confirm him as president.
You didn't fight hard enough to stop him eather.
With help from the so called conservative republicans, the POS in the rainbow house's budget is approved thru fiscal year 2017! This actually means, the POS's term in office is extended after 2016! Under this deal, the POS is going to spend more than the fed. gov. brings in! Watch out! Taxes are going up.. AGAIN!! After' all, we must support the POS's immigrants!!! Immigrants will help steal future elections for the demoRATS!
Euginics was suspose to get rid of the rats in the Democratic party , the baby killers (Killed more people than the in the back room than the Helocost in Germany) My father who was a Democrat is rolling over in his grave knowing that his party became the most IMORAL and SLEEZIE party in the world .They are worse than the EVIL IMPIRE.