They are willing to block the Obamacare settlements, with insurers, to help them with their huge losses! Let’s not help pass bi-partisan legislation, to fix the problems with Obamacare, let’s keep chipping away at it, until we destroy it, no matter how much it damages our constituents, because we are right! We have a better plan!
We know how much the GOP cares about us. Just look at all their obstruction, which they are proud of. Look at all their time wasted, on bogus investigations and lawsuits, when they should have been trying to pass legislation to benefit their constituents, not see how much they can take away from them. Look at all the billions they wasted not doing their jobs, of course, it is only the TaxPayer’s money, which they wasted, they can always cut social programs, to make up the short fall!
It don’t matter to them how many of their constituent’s premiums have been raised sky high, because they are caught in between, not poor enough, for Medicaid, don’t qualify for Medicare, earn a little too much money to qualify for Subsidies.
Let’s not help pass legislation to correct some of the problems, with Obamacare, let’s just look for ways to make it more expensive for our constituents, so they will agree with us it needs to be repealed.
Republicans in Congress are plotting ways to block the Obama administration from paying insurance companies hundreds of millions of dollars as part of an ObamaCare program.
GOP lawmakers say they are looking at “a dozen” options — including a possible provision in the year-end spending bill— to prevent the administration from using an obscure fund within the Treasury Department to pay out massive settlements to insurers.
The insurance companies are suing over a shortfall in an ObamaCare program that they say is damaging their businesses.
Settling the cases could help insurers deal with losses on the ObamaCare marketplaces, but Republicans argue the move would be a “bailout” that would circumvent the will of Congress.
Remember “Little Marco” gleefully rubbing his hands together at one of their debates, with Trump.
Some insurers left the marketplaces or even collapsed altogether, leading Rubio to crow his actions have been "a big part of ending Obamacare for good." (We likely won't know what the program took in for 2015 until fall 2016, and 2016’s totals until 2017.)
Whether it will really kill Obamacare is up for debate. Some legal scholars have said all the rider did was highlight a problem the law already had and prevent a workaround. Two years ago, the Congressional Budget Office said the risk corridorswill likely eventually break even by 2016
Sen. John Barrasso (Wyo.), a member of Senate Republican leadership, said that his party is considering inserting language into the year-end funding bill.
“There is a role for Congress to play,”on the issue, Barrasso said. “You can't imagine that President Obama would sign such a law, so you're now talking about, do you try to include it in one of the end-of-the-year funding packages like we've done in the past.”
At issue is an ObamaCare program called risk corridors, which was designed to cushion insurers against heavy losses in the early years of the law by shifting money from insurers faring better to those faring worse.
But nowhere near enough money has come in to cover the payouts, meaning insurers were left with a hole in their balance sheets on top of other ObamaCare-related problems they were already facing. Insurers paid $363 million into the program in the first year, far short of the $2.87 billion sought by insurers.
Some insurers have cited that shortfall as a reason they are withdrawing from ObamaCare marketplaces altogether this year. The absence of the funding has also taken a toll on the 23 state startup insurance companies, known as co-ops, established under ObamaCare. Only six of those co-ops remain in business.