According to a legal opinion letter by former White House Counsel C. Boyden Gray, the answer is YES. In this recording of a May 26, 2016 media conference call, experts describe the Obama administration’s decision to pay health insurers generous reinsurance subsidies while stiffing taxpayers, despite a statutory requirement that fixed sums must go to the U.S. Treasury. Mr. Gray’s letter … [Read more...] about Is the Obama administration illegally diverting billions to insurance companies?
Archives for May 2016
Walls Closing In On ObamaCare Lawlessness
The Obama Administration is unlawfully diverting billions of dollars from taxpayers to insurance companies that sell ObamaCare policies. That is the conclusion reached in a legal opinion letter released today by former Ambassador and White House Counsel Boyden Gray. Mr. Gray’s letter reinforces the conclusion of legal experts at the nonpartisan Congressional Research Service who found that … [Read more...] about Walls Closing In On ObamaCare Lawlessness
Political Choices Made To Goose Obamacare Are Now Wrecking It
Health plans are seeking double digit rate increases for their 2017 Obamacare plans—17.3% in New York, 25% in Michigan, 20% in Oregon, as examples. From special enrollment periods to countless exemptions, the Obama administration traded short term political gain for the long-term stability of the program and its risk pools. The big premium spikes for 2017 are an economic reckoning of this … [Read more...] about Political Choices Made To Goose Obamacare Are Now Wrecking It