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.show more

This is is the most corrupt unamerican treasonous bastard ever

It's hard to comprehend sometimes how evil some people really are and how many there really are of them.

When is this mother fucker going to be arrested? I don’t care who you are or what office you’ve held. If you steal from Americans your ass should be prosecuted to the fullest.

They sold out the American people… 🤬

I think we will find that the Obama Presidency was a scam, from start to finish.

Another Scsm brought to you by the Democrats. No wonder insurance companies love Democrats. Wonder how many kickbacks politicians are getting?

Your claim is about DOGE and Obama receiving royalties. This article is from 2016, before DOGE even existed and about subsidies being paid BY Obamacare to big insurance companies. If you had actually read the post, you would know this. And also why the government shutdown took place because Democrats get a kickback from the subsidies paid to insurance companies by Obamacare. That's the whole point. This is nothing new. There are many bought politicians on both sides from big insurance and big pharma, etc., just to name a few. Why else would they choose BIG INSURANCE over the American people? Because they get $$$ out of it.

When the hell are they going to arrest people for election fraud, treason, and Russia-gate? Next year? Or 2028? Or 2100? @AGPamBondi

They never thought she would lose.

Ok, what is being done about this? Congress, DOJ, Trump Administration? We need a whole new branch of government, just to prosecute the criminal activity of the DEMOCRATS. I’m sure a lot of RINOS are in on all these scams as well. These politicians MUST be held ACCOUNTABLE!

The problem is health insurance is so out of control no one cares the government was paying. Maybe illegal but so is sending our money to ppl that hate us to fund illegal invasions. American ppl need an overhaul of h insurance industry to survive. OPEN PURCHASE OF INSURANCE ACROSS STATE LINES. COMPETITION

Criminals Running the Government, Only Banking Money To Themselves And Friends. OBAMA AND THE CLINTONS ARE MAJOR CRIMINALS

You forgot the reciprocal payment from the insurance company to the Dem coffers (“donations”)

May this come back to bite SC Roberts in the ass for letting this happen. What did the Obama administration have on Justice Roberts for him to back ACA?

These insurance companies caused a lot of harm too. Let's hope they are also held accountable.

@jguzzo4571 I have one question. Why did it take this long for them to find out?

... and how much of a kickback did he receive?

ARRESTS PLEASE. CONSPIRACY TO DEFRAUD. EMBEZZLEMENT. INSURANCE FRAUD. @AGPamBondi what the hell are you doing??? Everybody is getting away with everything on your watch!!! If need be, bring in 500 special prosecutors and let the prosecution earthquake tsunami avalanche mudslide biblical flood begin!!!

Obama led an organized crime organization for his 8 yrs and Biden’s 4!!!! He must be arrested and sent to prison for life without parole ever!!!!! Confiscate all his property, homes, money, offshore accounts!!!!

Bribes and kickbacks.

it is called money laundering...it is what democrats do best...right after election fraud...

So - they’ve been legally and Illegally diverting funds - for ALL these years, instead of just admitted Obamacare failed. Better to steal OUR money, to cover the losses, pretend like it worked and keep going. Biggest fraud, ever.

The absolute fleecing of every tax pain in American to pay for the leftist socialist agenda!

nothing the Democrats do is for the people - they create programs TO STEAL FROM

One big scam.🤬

This is fraud. And fraud is supposed to vitiate everything. Why do we even need to removed Obamacare when it’s illegal on its face. We need to get better at ignoring fraudulent laws in mass.

@MsAvaArmstrong Sue every last one of them!

@Siddall1Vikki Communism does not work accept for economically destroying a country That is the goal Of communism

@DOGE hope you guys are on this!

Is there no end to the corruption and the tax dollars being unlawfully handed out to cronies of our “respectful and honest” politicians?! The “kings” who participate in this level of deceit are Quilty of fraud. Something the Dems accused Trump of while Dems have done much worse

Damn. …but again- WHAT WILL BE DONE ABOUT IT? 😤