The Next Obamacare Scandal: A Taxpayer-Funded Bailout Of Insurers
by Tyler Durden
ZeroHedge.com
05/21/2014
The teleprompter is still hot from all the Obama spit unleashed in his latest denial that his administration knew anything, anything at all, about what is merely the latest scandal to rock the Obama administration surrounding the Veterans Affairs fiasco, and already a brand new scandal is taking shape, this one Obama however will not be able to sweep as easily under the rug. The LA Times reports that the “Obama administration has quietly adjusted key provisions of its signature healthcare law to potentially make billions of additional taxpayer dollars available to the insurance industry if companies providing coverage through the Affordable Care Act lose money.” In other words, yet another taxpayer funded bailout.
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