Federal funds earmarked to offset Affordable Care Act insurer losses
Here it is ..... Bail Out Insurance Company ....
Make sure there are no premium increases before the election
"The Obama administration has quietly adjusted key provisions of its signature healthcare law to potentially make billions of additional taxpayer dollars available to the insurance industry if companies providing coverage through the Affordable Care Act lose money.
The
move was buried in hundreds of pages of new regulations issued late
last week. It comes as part of an intensive administration effort to
hold down premium increases for next year, a top priority for the White
House as the rates will be announced ahead of this fall's congressional
elections."
[LA Times]
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