Why Are Male-Identifying Democrat Candidates All Creepy Weirdos?
Does This Dem Rep Know That Graham Platner Already Crossed His 'Red Line'...
Lefty Podcaster's Take on Graham Platner's Alleged Emotional Abuse Is Quite Something
Look at This CNN Host's Face When John Fetterman Said This About Graham...
After Scott Pelley Was Shown the Door, These CBS News Reporters Aren't Leaving
CA Elections Are a Total Disgrace
Scott Pelley's Answer to This Question Seems to Drive the Point Home That...
Ro Khanna Sees Graham Platner As the Nation's Path to 'Redemption'
Sky News Destroys U.K.'s Labour Party for Its Selective Outrage Over George Floyd...
Rep. Anna Paulina Luna Calls for Federal Funding Cuts Until California Cleans Up...
A Suspect Is in Custody After Five New Yorkers Stabbed at Penn Station
Graham Platner's Vision for Our Elections Is Downright Bizarre
US Attorney Torches California Officials As They Continue to Block a Federal Audit...
A Penn State Student Was Murdered Over a Cell-Phone In A South Philadelphia...
Trump Has a Simple Message for Middle East After Weekend Conflict
Tipsheet

Up Next: A Health Insurance Company Bailout?

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