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Obama to Bypass Congress to Pay Obamacare “Debt”

<p class&equals;"MsoNormal" style&equals;"text-align&colon; left&semi;" align&equals;"center">With only a few months left as president&comma; Obama is scrambling to pay insurance providers the money they are owed under the Affordable Care Act&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">The Justice Department is trying to settle lawsuits&comma; where the insurance companies are suing the government for the promised funds&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&ldquo&semi;Justice Department officials have privately told several health plans suing over the unpaid money that they are eager to negotiate a broad settlement&comma; which could end up offering payments to about 175 health plans selling coverage on ACA marketplaces&comma; according to insurance executives and lawyers familiar with the talks&comma;&rdquo&semi; writes <em style&equals;"mso-bidi-font-style&colon; normal&semi;">The Washington Post&period;<&sol;em><&sol;p>&NewLine;<p class&equals;"MsoNormal">The government owes &dollar;5 billion to insurance companies for the cost of covering seriously ill patients&period; Many insurers have lost so much money from participating in the ObamaCare exchanges&comma; that they have been forced to pull out&period;&nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">So where will the government get these funds&quest; &ldquo&semi;The payments most likely would draw from an obscure Treasury Department fund intended to cover federal legal claims&comma; the executives and lawyers said&period; This approach would get around a recent congressional ban on the use of Health and Human Services money to pay the insurers&comma;&rdquo&semi; writes <em style&equals;"mso-bidi-font-style&colon; normal&semi;">The Washington Post&period;<&sol;em><&sol;p>&NewLine;<p class&equals;"MsoNormal">Add this to the list of ways Obama has tried to bypass Congress in his presidency&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">The GOP has been notoriously against the ACA and allowing bailouts for the insurance industry&period; &ldquo&semi;It&rsquo&semi;s an end run on the clear &period;&thinsp&semi;&period;&thinsp&semi;&period; intent of Congress&comma;&rdquo&semi; said Rep&period; H&period; Morgan Griffith &lpar;Va&period;&rpar;&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&ldquo&semi;One health plan executive&comma; whose attorney has spoken with Justice officials&comma; said the department is trying to reach an agreement with suing insurers in the next two weeks on what percentage of the remaining &dollar;2&period;5&nbsp&semi;billion would be paid out&period; At that point&comma; the same offer would be made to every other insurer owed money&period; A judge would need to approve the arrangement&comma; according to the executive&comma; who spoke about the pending litigation on the condition of anonymity&comma;&rdquo&semi; writes <em style&equals;"mso-bidi-font-style&colon; normal&semi;">The Washington Post&period;<&sol;em> <strong style&equals;"mso-bidi-font-weight&colon; normal&semi;">&nbsp&semi;<&sol;strong><&sol;p>&NewLine;<p class&equals;"MsoNormal"><strong style&equals;"mso-bidi-font-weight&colon; normal&semi;">Author&rsquo&semi;s Note&colon;<&sol;strong> Again&comma; when will we stop the bleeding&quest; The ObamaCare is already a proven failure and now more taxpayer&rsquo&semi;s dollars will be wasted&period; Not to mention&comma; Obama has found another devious way to offer a bailout to the insurance companies&period;<&sol;p>&NewLine;<p><center><strong><br &sol;> To Hell with Obamacare&excl;<&sol;p>&NewLine;<p>This book was written by Joe Gilbertson of the Punching Bag Post Staff&period; This is the solution to the Obamacare fiasco&colon; <&sol;p>&NewLine;<p> <a href&equals;"http&colon;&sol;&sol;www&period;amazon&period;com&sol;gp&sol;product&sol;1517719704&sol;ref&equals;as&lowbar;li&lowbar;tl&quest;ie&equals;UTF8&amp&semi;camp&equals;1789&amp&semi;creative&equals;9325&amp&semi;creativeASIN&equals;1517719704&amp&semi;linkCode&equals;as2&amp&semi;tag&equals;punbagpos-20&amp&semi;linkId&equals;RBIZUOKRHDNIYOP6" rel&equals;"nofollow">The Opposite of Obamacare&colon; How a free enterprise philosophy would dramatically reduce health care prices &&num;8211&semi; Paperback &dollar;13&period;95<&sol;a><img style&equals;"border&colon; none &excl;important&semi; margin&colon; 0px &excl;important&semi;" src&equals;"http&colon;&sol;&sol;ir-na&period;amazon-adsystem&period;com&sol;e&sol;ir&quest;t&equals;punbagpos-20&amp&semi;l&equals;as2&amp&semi;o&equals;1&amp&semi;a&equals;1517719704" alt&equals;"" width&equals;"1" height&equals;"1" border&equals;"0" &sol;> <&sol;strong><&sol;center><&sol;p>&NewLine;

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