Posted in Affordable Care Act (ObamaCare), Economic Issues, Health Insurance, Healthcare financing, Medical Costs, News From Washington, DC & Related Shenanigans, Policy Issues, Risk Adjustment, Risk Corridors, Rule of Law, Uncategorized

Justices grapple with multibillion-dollar ObamaCare case | TheHill

Several of the arguments in this case have credence on their face for different reasons.

There is the idea of an agreement or contract: “I do this, if you do that.” One should not break a contract carelessly.

Or, the “fairness” argument where one side seems to want to change the rules after the game started; that doesn’t seem right.

And, then there’s the constitutional rule of law argument: Congress holds the power of the purse when it comes to public monies. Enough said.

Bottom line…and in a different case, Qliance found this out the hard way…when you get in bed with the gov’t, expect to get screwed!

Forum for Healthcare Freedom

https://thehill.com/regulation/court-battles/473895-justices-grapple-with-multibillion-dollar-obamacare-case

Posted in Affordable Care Act (ObamaCare), Bailouts, Economic Issues, Government Regulations, Government Spending, Influence peddling, Medical Costs, News From Washington, News From Washington, DC & Related Shenanigans, Policy Issues, Re-insurance fees, Risk Corridors, Rule of Law, Uncategorized

Bye, Bye “Bailout”: CROmnibus Takes a Small but Important Bite out of Obamacare | Health Policy Blog | NCPA.org

JRGrahamThe CROmnibus, with which the lame-duck Congress keeps the government open in 2015, takes small but important steps to repeal Obamacare. For the short term, the most important anti-Obamacare achievement is eliminating taxpayers’ liability for Obamacare’s risk corridors, often described as a “bailout,” to health insurers participating in Obamacare’s exchanges.

In June, I testified before the House Oversight and Investigations Committee about this insurance “bailout.” In that testimony, I advised Congress to define a limited liability to the program. So, budget neutrality is a better result for taxpayers than I had expected. Also, the CROmnibus prevents any other funds controlled by the Centers for Medicare and Medicaid Services from being used to fund risk-corridor payouts. This is a significant win for taxpayers.

via Bye, Bye “Bailout”: CROmnibus Takes a Small but Important Bite out of Obamacare | Health Policy Blog | NCPA.org.