How The Obama Administration Lied About Insurance Company Bailouts

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The Federalist: How The Obama Administration Lied About Insurance Company Bailouts

Even after the administration forced Americans to buy policies from big health insurance companies, a billion-dollar bailout of those companies is coming.

By Dan McLaughlin AUGUST 6, 2014

It can be difficult to keep track of all the untruths the Obama administration has told in the process of selling Obamacare to a disbelieving public, and it is tempting to write these all off as history, more than four years later. But the untruths have never stopped coming. A House oversight report released last week reveals that the administration has been misleading the public about the likelihood that it will have to bail out insurance companies that sold policies under Obamacare.

 

I highly recommend you read both the report and Jeffrey Anderson’s excellent story in The Weekly Standard summarizing it, as well asPhil Kerpen’s blow-by-blow of the emails at The Federalist. The upshot is that, even after the administration’s hard sell and coercive mandates forced millions of Americans to buy policies from the big health insurance companies, we should expect a billion-dollar bailout of those companies because the mix