Trump’s VP Pick Should Be Someone Who Has Never Admitted to Shooting a...
There Was One Thing Pro-Israel and Pro-Hamas Protesters Agreed at the University of...
Try This Crap In A Red State
Overheated ABC News Weatherman Is Blown Away
Demeaning, Diminishing, Destroying
Campus Protests: Switch Out the Word 'Jew' and Replace It With 'Black'
Will the Students Globalize the Intifada?
White House, Gun Control Groups’ Trojan Horse
Protests and Policy as Porn
Will California Hobble the US Railroad Industry?
Philadelphia Court Forced Jewish Doctor to Choose Between Faith and Justice
Bipartisan Bill to Protect Children from Social Media Is Back
What These Pro-Hamas Protests Tell Us About America’s Judeo-Christian Heritage
Trump Announces Plans to Make Unusual Campaign Stop
Leftist, Late-Night Host Defends Violent Pro-Terrorism Protests
Tipsheet

Up Next: A Health Insurance Company Bailout?

No wonder we had to wait to pass it to find out what was in it; had everyone known what was in it, it never would have passed.

Here is the latest ugly surprise hidden in the massive ObamaCare legislation: Taxpayers could end up reimbursing up to 80% of health insurers' costs if those costs exceed insurer estimates:

Advertisement

Yep, you heard that right. If the insurance companies' costs are 3% higher than they had estimated (as a result of there being an older and/or sicker population than they expected in the ObamaCare pools), they can collect 50% of that money from the taxpayers. If their costs are 8% higher than previously estimated, they are reimbursed for a whopping 80%!

So even if Americans were able to get back the insurance they liked, they're still on the hook to pay the insurance companies when the companies' costs exceed their estimates.

That's ObamaCare -- gets you coming and going.

What a mess. Time to repeal and replace.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement