Due to the partisan nature of the establishment media, not all Americans are aware of these five essential ObamaCare facts:
1. Insurance companies are withdrawing in droves.
2. “If you like your plan, you can keep your plan” was a brazen and cruel lie.
3. Still waiting on that $2,500 in savings Obama promised you? You’re not alone. Premiums are skyrocketing nationwide.
4. Obamacare customers say their plans are “useless” due to soaring deductibles.
5. The Obamacare “death spiral” conservatives warned about is real.
See Breitbart for details.
Blame Obama’s incompetence. Like his strategy to defeat ISIS, ObamaCare was designed to fail. ObamaCare’s collapse will create another crisis that Big Government will not allow to go to waste, as it turns the ratchet notch by notch toward Soviet-style “single payer” healthcare.
Health insurance stinks in a world run by people like Pajama Boy.
Democrats can vote while dead, why not Obamacare?
An audit by the State Comptroller’s Office has revealed that hundreds of dead people were enrolled in New York’s health exchange, with nearly two dozen of them enrolling after death.
Medicaid payments totaling over $300,000 were paid out to a majority of the deceased individuals.
Via Politics on the Hudson:
A state audit Thursday found that New York’s health exchange enrolled hundreds of dead people at a $325,000 cost to taxpayers.
Between 2013 and 2014, the health exchange during its infancy improperly enrolled 354 deceased individuals that the state Health Department identified as active Medicaid recipients.
As a result, Medicaid inappropriately paid $325,030 in claims associated with 230 of the 354 deceased enrollees, Comptroller Thomas DiNapoli said in the audit.
The Times Union is reporting that of the 354, at least “21 of those people officially enrolled after they had died.”
It’s unclear what health services were provided for those not among the living.
Federal officials have a secret list of 11 Obamacare health insurance co-ops they fear are on the verge of failure, but they refuse to disclose them to the public or to Congress, a Daily Caller News Foundation investigation has learned.
Just in the last three weeks, five of the original 24 Obamacare co-ops announced plans to close, bringing the total of failures to nine barely two years after their launch with $2 billion in start-up capital from the taxpayers under the Affordable Care Act.
All 24 received 15-year loans in varying amounts to offer health insurance to poor and low income customers and provide publicly funded competition to private, for-profit insurers. Among the co-ops to announce closings were those in Iowa, Nebraska, Kentucky, West Virginia, Louisiana, Nevada, Tennessee, Vermont, New York and Colorado.
Kentucky’s nonprofit health insurer set up under ObamaCare is shutting down because of financial problems, the latest in a string of closures for the nonprofit plans around the country.
Kentucky Health Cooperative, a nonprofit insurer known as a co-op, explained that it could not stay financially afloat after learning of a low payment from an ObamaCare program called “risk corridors.” That program was intended to protect insurers from heavy losses in the early years of the health law by taking money from better-performing insurers and giving it to worse-performing ones.
However, the Obama administration announced on Oct. 1 that the program would pay out far less than requested, because the payments coming in were not enough to match what insurers requested to be paid. Therefore, insurers only will receive 12.6 percent of the $2.87 billion they requested.
“It is with sadness that we announce this decision,” the insurer’s CEO, Glenn Jennings, said in a statement. “This very difficult choice was made after much deliberation. If there were a way to avoid it and simultaneously do right by the members, providers and all others that we serve, we would do so.”
The Department of Health and Human Services says that it recognizes that the low payments to insurers could have raised financial concerns for some insurers, and that as start-ups, not all co-ops would succeed.
The Obama administration said when making the risk corridor announcement earlier this month that the low payments could cause “isolated solvency and liquidity challenges” for a small number of insurers.
(Excerpt) Read more at thehill.com …
Months after Judicial Watch exposed massive security risks with the government’s healthcare.gov website, afederal audit reveals that the public employees responsible for overseeing the disastrous Obamacare site were not properly trained, failed to keep adequate records and stood by as delays mounted to millions over the original contract costs.
We’re talking an astounding $600 million in contracts to build the website for the president’s signature healthcare law. The government employees tasked with supervising the colossal project actually helped private contractors fleece American taxpayers, according to an investigation conducted by the Health and Human Services (HHS) Inspector General (IG). Most of the derelict employees work at the Centers for Medicare and Medicaid Services (CMS), which manages federal healthcare programs including Obamacare. The IG determined there were widespread failures and poor oversight by CMS, which functions under HHS.