Obama admin rule change lets insurance companies keep more profits, pay less for care

Republican Tennessee Rep. Diane Black says that the Obama administration’s most recent Obamacare rule change will result in insurance companies keeping more profits while paying less for customers’ health care needs.

“I am writing to express my concern with the proposed rule change released on Friday, March 14th that would allow insurance companies to keep an additional two percent of premiums for purposes other than medical care…your department is now proposing to increase the amount of money that insurance companies will be allowed to retain for profit,” Black wrote in a letter Tuesday to Health and Human Services (HHS) Secretary Kathleen Sebelius, which was obtained by The Daily Caller.

HHS’ Centers for Medicare and Medicaid Services quietly introduced the new rule Friday, which relieves insurance companies of some of the damage about to be levied on them by Obamacare-related administrative costs.

“In the proposed rules, you have indicated that this adjustment in the ‘medical loss ratio’, or 80/20 rule, is due to the possibility of increased administrative costs in 2015. However, adjusting the percentage that insurance providers are required to spend on medical care by two percent would have the combined impact of reducing the amount that insurance providers will be required to pay for people’s medical care while increasing the amount that insurance companies are allowed to retain for profit and for executive pay,” Black wrote.



Read more: http://dailycaller.com/2014/03/18/congresswoman-obama-admin-rule-ch...

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I'm really surprised since it was the insurance companies who helped write the ACA... LOL

One of the attacks on medical providers was they made to much money and cut benifits. Now Obama is giving them more funds to keep, The best thing anyone running for office is to stand on repeal the law intirely. This women should be jailed for killing people by the death panels that don't exist.

I don't know why we are surprised at anything this man does anymore.  Everyday it is just something more to cripple this country and her citizens.  As long as we talk about it and do nothing about it, it will never change.  I really don't know what else to say about anything he does anymore except what I just said and have said many, many times before!! 

   We are already seeing that The magic works is "you cannot have this drug it is (what ever excuse)" then they pocket the savings.

Such a waste of time to read. It is obvious that day in and day out we will continue to read articles like this. 

We will continue to pay taxes for illegals and crack dealers and worthless welfare recipients. 

Unless, we have enough and stop paying and start really revolting. 

My congressman is not answering my calls and switching me to the message machine. 

They are refusing to have town hall meetings. There is nothing left to do but serious methods of refusal to comply. If not, then just keep reading and commenting. We have been doing this for years and it is only getting worse.

Same here.  I also found it helps to type the links to prove my points as well.  Or better yet (when I've been able to) to include copies of the evidence that proves my points against or 'for' the 'bills', 'Proposals' etc... that I am discussing.

It's been awhile but I was a company clerk in the TXARNG, then in the Multichannel section.  I did ok with both.  But when the opportunity came to switch my M.O.S. I jumped at it.  I love learning new things.

Everything has become a bad joke in this country.

What is happening to this country thanks to the Rinos and Dems is no 'Joke'.  It's a "tragedy".

And one (I think you agree) ... must be stopped.

And if anyone actually 'believes' that I just saw "Devil Rock" in a Florida 'Marsh'.

Insurance companies should be nonprofit lets pass that

And once again the Kenyan born illegal alien Gestapo COMMUNIST Dictator-in-Chief has Constitutionally illegally by passed his minion Congress to change the rules regarding his COMMUNIST illegal Obama Care plan with no complaint or retaliation from his COMMUNIST minion Senate, which by the way has knocked over "SIX MILLION PEOPLE" off of their insurance plans!                                                                                                                                                                    WHY HASN'T CONGRESS "REPEALED" OBAMACARE?                       I HAVE A QUESTION FOR DEE: WHY ARE MY POSTS ALWAYS PUT TO THE BOTTOM OF THE PAGE CAUSING MY POSTS TO ALWAYS PUSHED BACK TO "LAST" IN EVERY ARTICLE??????

How big are the kickbacks to our scabrous politicians?

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Political Cartoons by AF Branco

Political Cartoons by AF Branco

ALERT ALERT

Horrible: Democrats Set The Constitution On Fire With Fraudulent Impeachment

House Democrats unveiled two articles of impeachment against President Donald Trump on Tuesday morning after an investigation that violated fundamental provisions of the Constitution and the Bill of Rights.

The investigation of the president began with the complaint of a so-called “whistleblower” who turned out to be a rogue Central Intelligence Agency employee, protected by a lawyer who had called for a “coup” against Trump in early 2017.

Democrats first demanded that the “whistleblower” be allowed to testify. But after House Intelligence Committee chair Rep. Adam Schiff (D-CA) was found to have lied about his committee’s contact with the “whistleblower,” and after details of the “whistleblower’s” bias began to leak, Democrats reversed course. In violation of the President Trump’s Sixth Amendment right to confront his accuser, Democrats refused to allow the “whistleblower” to testify. They argue the president’s procedural rights, even if they existed, would not apply until he was tried in the Senate — but they also invented a fraudulent “right to anonymity” that, they hope, might conceal the whistleblower even then.

Schiff began the “impeachment inquiry” in secret, behind the closed doors of the Sensitive Compartmentalized Information Facility (SCIF) in the basement of the U.S. Capitol, even though none of the testimony was deemed classified. Few members of Congress were allowed access. Schiff allowed selective bits of testimony to leak to friendly media, while withholding transcripts of testimony.

Speaker of the House Nancy Pelosi (D-CA), having allowed the secret process to unfold, legitimized it with a party-line vote authorizing the inquiry. The House resolution denied President Trump the procedural rights enjoyed by Presidents Richard Nixon and Bill Clinton, and denied the minority party the traditional right to object to witnesses called by the majority.

Rather than the House Judiciary Committee, which traditionally handles impeachment, Pelosi also deputized the House Intelligence Committee to conduct fact-finding; the Judiciary Committee was turned into a rubber stamp. Schiff held a few public hearings, but often failed to release transcripts containing exculpatory evidence until after they had passed.

In the course of the Intelligence Committee’s investigation, Schiff quietly spied on the telephone records of his Republican counterpart, Ranking Member Devin Nunes (R-CA). He also snooped on the phone records of a journalist, John Solomon; and on the phone records of former New York City mayor Rudy Giuliani, acting as President Trump’s personal lawyer.

Schiff’s eavesdropping violated both the First Amendment right to press freedom and the Sixth Amendment right to counsel. Yet he proceeded undeterred by constitutional rights, publishing the phone logs in his committee’s report without warning, confirmation, or explanation, alleging that Nunes and the others were part of a conspiracy to assist the president’s allegedly impeachable conduct. When Republicans on the Judiciary Committee asked the Intelligence Committee’s majority counsel, Daniel Goldman, to explain the phone logs, he refused to answer,

Ironically, Schiff had done exactly what Democrats accuse Trump of doing: abused his power to dig up dirt on political opponents, then obstructed a congressional investigation into his party’s and his committee’s misconduct.

Democrats’ articles of impeachment include one for the dubious charge of “abuse of power,” which is not mentioned in the Constitution; and one for “obstruction of Congress,” which in this case is an abuse of power in itself.

Alexander Hamilton, writing about impeachment in Federalist 65, warned that “there will always be the greatest danger that the decision will be regulated more by the comparative strength of parties, than by the real demonstrations of innocence or guilt.” Democrats have fulfilled Hamilton’s worst fears.

The Trump impeachment will soon replace the 1868 impeachment of President Andrew Johnson — which the House Judiciary Committee staff actually cited as a positive precedent — as the worst in American history.

In service of their “coup,” Democrats have trampled the Constitution and the Bill of Rights. The Republic has never been in greater danger.

You don't get to interrupt me

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