We The People

We The People

Thursday, August 11, 2016

Feds Will Struggle to Recoup Loans to Failed Obamacare Co-Ops

Feds Will Struggle to Recoup Loans to Failed Obamacare Co-Ops:

"The federal government is unlikely to recover all of the taxpayer funds lent to failed Obamacare co-ops, according to an audit by the inspector general for the Department of Health and Human Services.

The 23 co-ops that were created under Obamacare received $2.4 billion in taxpayer funds from the Centers for Medicare and Medicaid Services, of which $358 million were designated for “startup” loans."

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