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Rep. Keith Self on Obamacare: “It is unconscionable.” In an interview with LindellTV’s Alison Steinberg, Rep. Keith Self slams the corruption baked into Obamacare subsidies: “A lot of the money... was going directly from the federal taxpayer into the insurance company pockets.” “We were making the insurance companies rich,...

22,333 次观看 • 7 个月前 •via X (Twitter)

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The OBAMA administration was making so many unauthorized payments to PRIVATE INSURANCE COMPANIES participating in OBAMACARE that they couldn't even keep up to cover their own tracks. A government watchdog has determined the Obama administration is violating its own health care law by illegally diverting up to $5 billion to private insurance companies participating in Obamacare. The U.S. Government Accountability Office is the nonpartisan federal watchdog that determines whether federal officials are spending taxpayer dollars in accordance with the law. In a legal opinion issued last week, the GAO accused the Obama administration of illegally diverting billions of taxpayer dollars to private insurance companies. The opinion concerned the administration’s implementation of Obamacare’s “reinsurance” program, one of several insurer bailouts designed to prop up Obamacare’s rickety finances. Generally speaking, the reinsurance program taxes consumers in non-Obamacare plans to subsidize insurers who sell Obamacare plans. The program collects $25 billion from consumers, with $20 billion going to Obamacare-participating insurers and $5 billion to the federal treasury. The law is specific: the amount that each health insurance issuer pays toward the $5 billion designated for the U.S. Treasury “may not be used for the [reinsurance] program.” But once insurance companies participating in Obamacare’s Exchanges started suffering huge losses and heading for the exits, the administration began funneling them the money that was supposed to go to the Treasury. The administration has so far diverted $3 billion — and counting. The administration was making so many unauthorized payments to private insurance companies participating in Obamacare that it’s hard to keep them straight. Both the administration and the Supreme Court acknowledge that the operative text of the Affordable Care Act forbids certain payments to insurers participating in federally-run exchanges. The administration is paying tens of billions of dollars to such insurers because it was able to convince the court to bless those payments anyway. It is making payments to insurers on behalf of exchange enrollees who are categorically ineligible for subsidies because they have incomes below the poverty line. It is paying insurers tens of billions of dollars in illegal “cost-sharing” payments that a federal judge ruled “violate the Constitution.” It is attempting to skirt a congressional ban on $2.5 billion in “risk corridor” payments to insurers that President Obama himself signed into law. It is even making illegal payments to insurance companies on behalf of members of Congress and their staff — giving Congress its own special exemption from Obamacare. Consistent with past practice, the Obama administration is thumbing its nose at the nonpartisan GAO by announcing it will continue to divert these taxpayer funds to insurance companies. If the rule of law means anything, it is that the government is as bound by law, as are the people. If the people come to believe that the government is not, they will rightly conclude neither are they.

The SCIF

203,594 次观看 • 8 个月前

Dr. Oz just exposed the shocking truth about how Democrats incentivized Obamacare during Covid — and taxpayers are still footing the bill for it. Then he dropped the CMS numbers that even he says “will blow your mind.” “During Covid, there was an additional layer of incentives, money thrown at the problem, which has historically been how, unfortunately, Democrats deal with these issues.” “In this case, some of that money got pocketed, but I’m going to share with you numbers that will blow your mind. These are the actual numbers from CMS.” “We believe 4.4 million people are not appropriately enrolled in Obamacare.” “Which means, they’re phantoms. They don’t know they have the insurance, they don’t want the insurance, they didn’t need the insurance.” “We as taxpayers are paying for 4.4 million people to have full benefits for no good reason.” “When the Obamacare additional Covid credits were added in 2021—there were about 3 1/2, 4 million people that were never using their policies. That’s normal. Sometimes people don’t use their insurance policy.” “Today, it’s over 11 million people who have Obamacare, never use their policies.” “They don’t buy medications, they don’t see doctors and use it, which means they often don’t know that they have it. Yet we’re stuck with the bill.” “The president doesn’t want that. He wants the waste, fraud and abuse taken out of the system.” “When Obamacare was created—50% of the people were supposed to be paid for by the government. 50% were supposed to be spending their own money.” “Now it’s 95% government funded.”

Overton

71,421 次观看 • 8 个月前