Administration to Raise Payments for Insurers
27th November 2013
In regulations released just ahead of the Thanksgiving holiday, the administration signaled it is looking at ways to increase payments to insurance companies if they end up taking on more risk. That might happen in some states that agreed to the Obama administration’s mid-November request to let carriers reinstate policies that would otherwise have been canceled because they didn’t meet certain coverage requirements under the Affordable Care Act.
Unmentioned in this, or in any other, reporting on the subject that they are doing so with YOUR money. They don’t have any of their own; all they can do is give away yours.