Obama Administration & Obamacare: Health-Insurer Bailout Planned to Save Law | National Review

In an ongoing backdoor attempt to pay off insurers burned by President Barack Obama’s signature legislation, the Affordable Care Act (ACA), the Obama administration is creating the framework needed to implement a “public option,” the precursor to a single-payer health-care system.Distracted by the presidential election and the news that ACA insurance premiums will increase by an average of 25 percent in 2017, many have failed to notice the administration’s plan to use a special U.S. Department of Justice (DOJ) fund, called the Judgment Fund, to funnel billions of dollars to insurers without congressional approval. If it successfully executes this plan, the Centers for Medicare and Medicaid Services (CMS) will have circumvented Congress to secure a taxpayer bailout for insurers — directly contradicting Congress’s intentions as expressed by multiple spending bills, and possibly violating federal law.

Source: Obama Administration & Obamacare: Health-Insurer Bailout Planned to Save Law | National Review

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