We The People

We The People

Sunday, May 25, 2014

Critics call Obama funding plan for health insurer losses a 'bailout' - Los Angeles Times

Critics call Obama funding plan for health insurer losses a 'bailout' - Los Angeles Times:

"The move was buried in hundreds of pages of new regulations issued late last week. It comes as part of an intensive administration effort to hold down premium increases for next year, a top priority for the White House as the rates will be announced ahead of this fall's congressional elections.
Administration officials for months have denied charges by opponents that they plan a "bailout" for insurance companies providing coverage under the healthcare law.
They continue to argue that most insurers shouldn't need to substantially increase premiums because safeguards in the healthcare law will protect them over the next several years."

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