Affordable Care Act Funding Crashing : Taxpayers Pick Up the Tab?

Little is left to the imagination regarding the intent of Mr Objma's Affordable Care Act (ACA) and how it was designed to function, or fail. The very founding premise was that taxpayers will always be there to fill the gaps when the insurers could not bring the needed coverage to the general public's needs for funding of their health insurance.

As is the case in nearly all of Mr Objma's proposals, whether it's domestic or foreign policy, the design is always the same, the proposal is a study in misinformation or out right lies. No matter the subject, his intent is always of a subversion of the actual truth. 

From the beginning of the push for the ACA, Mr Objma knew the plan was a fraud and yet his promise from the beginning of his campaign was to "fundamentally" change our heath system by forcing "single payer" care, where government makes all decision on health care for everyone.

Broad Coalition Calls For Congress Not To Hand Health Insurers’ Losses To Taxpayers
By John R. Graham

UnitedHealth Group’s proposal (threat? promise?) to withdraw from Obamacare’s health insurance exchanges, and the failure of Obamacare’s COOPs are both events which NCPA has been predicting for a long time (see here and here).

Two years ago, we identified Obamacare’s “risk corridors” as a vehicle through which the Administration would expose taxpayers to unlimited liability for insurers’ losses in Obamacare.

Due to our research and testimony, Congress prevented this exposure last December. What with the exchanges unravelling so quickly, we are not surprised to learn that lobbyists are pressuring Congress to restore unlimited liability. We joined a broad-based coalition to write a letter to Congress urging the current policy be maintained. Obamacare must be completely renegotiated from root to branch. Just handing taxpayers’ money to insurers for losses they incur will not solve the problem.

(Read the entire article, letter here)

http://heritageaction.com/wp-content/uploads/2015/11/2015-risk-corridor-letter-FINAL.pdf