Healthcare Risk Corridors and Transfer Payments?

Here's something new...Obamacare "Risk Corridors" and "Transfer Payments" (aka, corporate income redistribution). This, by itself, encourages Insurance Companies to be as wasteful as possible so their reported earnings (relative to projections) appear low.



..but here's the catch!
If none of the Insurance companies are profitable...meaning, not enough people sign up to manage risk or if Insurances Companies incur additional expenses (e.g. Obama mandates that Insurance Companies reinstate cancelled policies), then Health and Human Services (HHS) reimburses Insurance Companies for up to 80% of any loss. In other words, taxpayers foot the bill for Obamacare "mistakes"...assuring Insurance Company profits!



Unbelievable!!!

Here's an interesting Non-Partisan look at Obamacare...



...however, I disagree with their conclusion of "disobey". A much more practical response is to...

...vote for Tea Party candidates whenever possible.

 

Obama should to take a page from Hillary Clinton's playbook and hit the "Reset" button on Obamacare. If he brings Republicans into the process, we might be able to craft a Healthcare bill that actually works.

If the Administration can "reset" with Communists, why not with Republicans? ...and we'll even use our index finger!