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Oh this isn't good news for Obamacare supporters. Little wonder the architect of the plan, Jonathan Gruber calls them stupid.
As all my Progressive friends here know, Politico is a Progressive website.
GAO report: HHS owes taxpayers billions in Obamacare reinsurance money
By PAUL DEMKO 09/29/16 01:18 PM EDT
The Government Accountability Office has issued a report which concludes the Department of Health and Human Services had no authority to withhold money from the federal Treasury under Obamacare’s reinsurance program. Politico reports:
The Obama administration is illegally sending payments to health insurers instead of to the federal Treasury as Obamacare requires, according to a new report from the Government Accountability Office.
The congressional auditor's report focuses on how the government handles fees paid by insurers for Obamacare's reinsurance program, which collects money from all health plans to help insurers cover the cost of sicker patients in the health care law's exchanges.
http://hotair.com/archives/2016/09/29/gao-report-hhs-mishandling-obamacare-reinsurance-money/
http://www.politico.com/story/2016/09/obamacare-funds-misused-228908
As all my Progressive friends here know, Politico is a Progressive website.
GAO report: HHS owes taxpayers billions in Obamacare reinsurance money
By PAUL DEMKO 09/29/16 01:18 PM EDT
The Government Accountability Office has issued a report which concludes the Department of Health and Human Services had no authority to withhold money from the federal Treasury under Obamacare’s reinsurance program. Politico reports:
The Obama administration is illegally sending payments to health insurers instead of to the federal Treasury as Obamacare requires, according to a new report from the Government Accountability Office.
The congressional auditor's report focuses on how the government handles fees paid by insurers for Obamacare's reinsurance program, which collects money from all health plans to help insurers cover the cost of sicker patients in the health care law's exchanges.
http://hotair.com/archives/2016/09/29/gao-report-hhs-mishandling-obamacare-reinsurance-money/
http://www.politico.com/story/2016/09/obamacare-funds-misused-228908