Insurance companies requested $2.9 billion from the government to cover their losses on Obamacare policies they wrote in 2014. They are only getting $362 million.
Turns out those “risk corridors” were more risky than insurers thought.
9 Comments on Obama Stiffs Insurers on Reimbursements
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Heh. Fucked America for a lousy buck….ended up being fucked like the whores they are.
And this surprises. . . . who?
“A government big enough to give you everything you want, is a government big enough to take away everything that you have.”
To all the health insurers that decided to ride the Gubberment gravy train, all I can say is, SUCKERS!!
Unfortunately, it will be us, the little people, the consumers, that will have to suck it up and ultimately pay for this in higher rates and deductibles and less choices.
It all leads to single payer
Interesting that one Marilyn Tavenner is now the Chief Whore for Big Insurance—the former head of CMS who ‘oversaw’ the big steaming pile known as obamacare.org. Another ‘public servant’ now shaking down the feds via special access and feeding at the trough. Except there isn’t as much slop as they counted on.
Damn fine thing.
Looking at the President’s signature at the link … has anyone else noticed that he draws the B like a penis and the O like an asscrack?
Bent down to kiss Obama’s ass and wound up with shit or their noses, lips and faces. Now, who surprised at that?
If you don’t like your losses, you can keep your losses.
brilliant, anonymous!
Bwwaahaahahahahaha
Join the people you screwed, you dumb asses!