11 Of 23 Obamacare Co-Ops Have Collapsed, Leaving Half A Million More Americans Without Health Insurance

Obamacare Doomsday? ‘Collapses’ Drop Half-Million Americans – WorldNetDaily


About half of Obamacare’s Consumer Operated and Oriented Plans, or co-ops, have imploded, leaving nearly half-a-million Americans looking for new health coverage.

And instead of addressing the problem, the Obama administration is pretending it doesn’t exist.

That’s the assessment of Rep. Adrian Smith, R-Neb., a member of the House Ways and Means Committee who recently wrote about the spate of failures in the Wall Street Journal.

“When it passed Congress in 2010, the Affordable Care Act offered substantial financial support to create nonprofit health-insurance plans. Today 11 of the 23 such regional Consumer Operated and Oriented Plans have failed – seven since the beginning of October,” Smith wrote.

“They’ve collapsed despite federal startup loans totaling more than $1.1 billion. These loans will likely never be fully repaid, while insurers and consumers will be on the hook for any unpaid claims left behind by failed insurers,” he added.

The congressman estimates 400,00-500,000 Americans lost their coverage in those 11 failed co-ops.

In an interview with Radio America, Smith says the co-ops were doomed from the start.

“I think they were improperly structured. They were allowed to charge too low a premium, not reflecting the actual costs. They thought the original subsidies – or loans if you will, but let’s face it, they’re subsidies, especially since they’re so unlikely to be repaid. That wasn’t enough,” said Smith, who is fuming more as he learns how these collapses transpired.

“The more I am learning about this entire situation, the more offensive it is, and this is just one part of Obamacare,” Smith said.

The congressman said what galls him most is that the government forced many people out of coverage they liked and then left those same people out in the cold.

“The thing that bothers me the most is when a good, upstanding citizen is doing everything they’re supposed to do to be a responsible individual,” Smith said. “Yet they are faced with canceled coverage, or they’re faced with a penalty for taking care of themselves.”

Adding to Smith’s frustrations is what he believes is utter indifference to the problem from the Obama administration.

“We had a hearing earlier this week, and the chief of staff from [the Centers of Medicare and Medicaid Services] was our witness,” Smith said. “[Dr. Mandy Cohen] sent the message that everything is just fine in the Obamacare co-op arena.”

He said it’s quite obvious that co-ops are not “just fine.”

“It’s not a win,” Smith said. “Nearly half of the co-ops have collapsed and that’s from New York to Nevada. Ours, with Nebraska and Iowa together, we were the first to collapse a year ago. Now we see them collapsing at a much quicker pace.”

How can the Department of Health and Human Services, or HHS, say all is well when almost half the co-ops have failed?

“In a very dismissive manner, I have to say, and it’s disappointing,” Smith said. “I started asking questions almost a year ago and HHS is not offering any answers.”

Not only is the government doing little to help, in some circumstances it is actually pushing co-ops to their deaths.

“The administrators of the Nebraska-Iowa plan saw a larger number of people sign up for their plan than they originally anticipated,” Smith said. “So they requested permission from HHS to suspend enrollment, to basically cap that at a number they figured was more manageable. They were prohibited by HHS from capping the number of enrollees.”

The congressman said that hastened the demise of the Nebraska-Iowa co-op. He said HHS did give permission for the Tennessee co-op to cap enrollment, but it collapsed anyway.

In the meantime, Smith is sponsoring legislation that would protect those who lost coverage with the failure of the co-ops from being fined by the IRS for not having coverage as mandated by federal law.

He believes all of Obamacare will eventually crater, but he hopes too many people aren’t hurt in the process.

“Ultimately, I think it collapses under its own weight,” he said. “I just want to do everything I can to minimize the damage in the ensuing time. That’s what weighs heavy on my mind is that the heavy hand of the federal government is actually hurting the very people Barack Obama was saying he was wanting to help.”



Lesbian Couple Burned Down Their Own House For Insurance Money; Claimed It Was A Hate Crime

Hate Hoax: Lesbians Burn Down Their Own House – Moonbattery


Yet another hate hoax for the files. From Vonore, Tennessee:

The community rallied behind a same-sex couple after their home burned to the ground, but in a twist, a jury found the couple intentionally set fire to their house.

After five days, a jury found Carol Anne and Laura Stutte deliberately set fire to their home, blaming the fire on their neighbor. On May 13, 2011, the Stutte’s insurance company filed the lawsuit in federal court saying they found evidence the couple deliberately set fire to their property and claimed the insurance money.

It was not just insurance fraud, but ideological fraud:

In September of 2010, the Stuttes said the fire was a hate crime after the word “queer” was spray painted on their garage. They filed a lawsuit claiming their neighbor, Janice Millsaps, harassed them and even used the same derogatory word in the months leading up to the fire. They say they felt like they were targeted because they were lesbians. Millsaps filed a counter lawsuit against the couple, denying she harassed the couple or set the fire.

Apparently Carol Anne and Laura were not ideal neighbors. But they should get along well enough with the rest of the characters on the Hate Hoax List.



Gay Bar Owner Who Faked Hate Crime Pleads Guilty To Arson, Insurance Fraud

Gay Bar Owner Admits Writing Anti-Gay Slurs On Walls, Torching Bar – Gateway Pundit

The Velvet Rope Ultra Lounge went up in flames in 2012.


This week the former owner Frank Elliot was charged with arson and insurance fraud.


Elliot told local media he believed his establishment was targeted because it catered to a gay clientele

ABC 7 Chicago reported:

A bar owner admitted he set his gay nightclub on fire in Oak Park.

Frank Elliott pleaded guilty to arson and insurance fraud for the fire at The Velvet Rope Ultra Lounge in 2012.

Prosecutors said Elliott doused the bar in alcohol, wrote gay slurs on the wall, then lit it on fire.

He was sentenced to two years’ probation and has to pay back $107,000 to two insurance companies.



Boston Marathon Bombing Victims Denied Insurance Reimbursement Because Event ‘Not An Act Of Terrorism’

Boston Marathon Victims Denied Insurance Reimbursement Because Bombing Was ‘Not Act Of Terrorism’ – Independent Journal Review


Were you under the assumption that the Boston Marathon bombings were an act of terrorism? Maybe it was because just after the bombings, the President said this:

“Any time bombs are used to target innocent civilians it is an act of terror.”

Turns out, if you look into the details, he actually never said it was an act of terrorism. There was much discussion about the whys and wherefores after his statement, and the mincing of the difference between the words “terror” and “terrorism” went on for quite some time.

Now, the Treasury Department has given its imprint on the perspective as well. And they haven’t “certified” it as an “act of terrorism,” either.

The context is the Terrorism Risk Insurance Act, which was passed just after the 9/11 attacks. It’s a federally-administered and underwritten insurance program for terrorism-caused damage, designed to be relatively inexpensive but to compensate policy owners in the event of a man-caused disaster.

Twenty-two Boston-based companies carried that insurance and for pay-out purposes, the attacks have not been classified as acts of terror.

Instead, the law’s details state that insurance losses must exceed $5 million to be certified as terrorism, and so far only $1.9 million in claims have been issued. That actual terrorists blew stuff up, killed people, and caused damage is only part of the equation and not sufficient to make an “act of terrorism” determination. The rest of the critical factors depend on the dollar value.

Whether this detail stems from a crony relationship between the government and the insurance companies, as they write the policies and benefit from the premiums whereas the payouts are taxpayer supported, or just a well-intentioned mistake, is unclear.

Yet the FBI defines terrorism as activities that:

* “Involve acts dangerous to human life that violate federal or state law;”

* “Appear intended (i) to intimidate or coerce a civilian population; (ii) to influence the policy of a government by intimidation or coercion; or (iii) to affect the conduct of a government by mass destruction, assassination. or kidnapping; and”

* “Occur primarily within the territorial jurisdiction of the U.S.”

By this definition, the Boston Marathon bombings were unquestionably a terrorist act, and the policy holders should receive the amounts due them. Regardless of whether or not the Treasury Department’s intentions are good, this is a grievous error that must be immediately corrected.

Editor’s note: This article was edited after publication to clarify what kind of federal program it is.



Million Dollar Donor To Obama’s 2012 Campaign Indicted For Manslaughter And Insurance Fraud

Obama MegaDonor Indicted For Manslaughter And Fraud – Right Scoop

A million dollar donor to Obama’s 2012 campaign and 14 of his affiliates have been indicted for involuntary manslaughter and fraud but you probably won’t hear about it much in the mainstream media.

Here’s a local report:


Eric Lach of Talking Points Memo has followed the donor for a long time:

A California grand jury has indicted Kareem Ahmed, a major donor to President Obama’s 2012 re-election campaign, and 15 of Ahmed’s associates in an alleged multimillion-dollar insurance kickback scheme.

Ahmed, the president and CEO of a company called Landmark Medical Management, is accused of masterminding the scheme and faces charges including conspiracy, insurance fraud, and, most dramatically, involuntary manslaughter, according to one of two sealed indictments issued by an Orange County grand jury both dated June 17 and obtained this week by TPM.

The first of the two indictments accused Ahmed of developing topical cream formulas “based on the profitability of the ingredients,” and then giving doctors who treated workers’ compensation patients illegal financial incentives to prescribe the creams. The scheme, which ran from 2009-2013, also involved filing false claims with multiple insurance companies, the nine-count indictment alleges.

In an earlier report, Lach said that Ahmed told him, “I have the White House on notice,” when he found out the reporter was going to write an article about him, long before any indictment came down. Nice friends you got there, Obama.

Notice also the sweet photo of Ahmed with Michelle Obama:





20 Million MORE Americans Could Lose Insurance Thanks To Obamacare

20 Million More Americans Could Lose Insurance -WorldNetDaily


The same failed Obamacare promise that plunged the individual health-care market into chaos last year is now hitting small group plans and could result in lost coverage for 20 million Americans.

Obamacare’s employer mandate does not apply to businesses with fewer than 50 employees, but many of those those companies are still receiving notices from their insurance providers informing them their previous plans are being canceled because they don’t contain all the provisions required under the new law.

Much like individual policyholders last year, small group plan holders are discovering their plans don’t qualify for being grandfathered, despite the famed assurance that if they liked their plans they could keep them.

“If you had your plan prior to March 2010 when Obamacare became law, it was supposed to be grandfathered in. You were supposed to keep it, but the Department of Labor came out with these grandfather regulations. It’s almost like telling a guy you can keep walking on the beach as long as you don’t get any sand on your feet. It’s almost impossible not to violate,” said National Center for Public Policy Research health-care analyst Dr. David Hogberg.

“If one of your co-pays goes up $10 over one year, your plan is no longer grandfathered. If the co-insurance you pay for a procedure was at 15 percent and they moved it up to 16 percent, it is no longer grandfathered,” he said.

Hogberg points to Labor Department statistics that admit 66 percent of small group plans will fail to be grandfathered because of those types of technicalities. With 31 million people employed by firms with less than 50 employees, some 20 million Americans are facing cancellation of their policies.

“It was obvious from the start that these regulations were going to result in loads of people losing their health insurance, but the president kept making that promise that if you like your insurance you can keep it, when he should have known better and I kind of suspect that he did know better,” Hogberg said.

The issue is not just theoretical for Hogberg, whose employer has fewer than 50 workers. In January, the National Center for Public Policy Research was informed by Kaiser Permanente that the policy the organization used since 1996 no longer met federal standards and had to be canceled. Hogberg said the plan Kaiser now recommends requires a six percent hike in premiums, which is a much better deal than other small firms are seeing.

Hogberg said his boss noted the cancellation would provide most small employers plenty of incentive to scrap insurance altogether and force employees onto health-care exchanges. He said it’s hard to estimate how many businesses would actually do that.

Another concern for Hogberg is how the story seems to be slipping below the radar for a mainstream media that were all over the headaches caused by individual policies getting canceled. He said it’s probably because of how enrollment periods are defined for different groups.

“Individual policies are mostly renewed in January of each year, and so these cancellation letters had to all be sent out over a period of a few months. Small group plans are renewed practically every month,” Hogberg said. “I think that’s one reason why the media might not be giving small group cancellations quite the same coverage because it’s happening over a more protracted period of time. The number of cancellations doesn’t escalate very quickly, so at this point it’s not making a huge media story.”

However, the number of Americans set to lose their small group plan coverage is much greater than those affected by the individual market, whether their employers end up finding another plan or dropping coverage and forcing employees to find insurance on the exchanges. As a result, Hogberg predicts this will be another black eye for Obamacare.

“I think this is another reason why Obamacare is in such trouble. First of all, the law shouldn’t be forcing people to lose their insurance to begin with. But if that’s going to happen, if many people are going to lose the plans that they like, I suspect most people would at least prefer to get a new plan that’s better than the old one,” Hogberg said.

“So far, I really don’t see much evidence that that’s happening and quite a bit of evidence that it’s not. People are paying higher premiums and higher out-of-pocket costs. Networks of doctors and hospitals are more restrictive,” he said. “I suspect the Obama administration and other Obamacare supporters are kind of in denial about that. Maybe that denial will end come November, but who knows?”

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Dick Durbin’s Fantasy World: Where Obamacare Helped 10 Million Uninsured Americans Get Insurance (Video)

Sen. Durbin’s Fantasy World: Where Obamacare Helped 10 Million Uninsured Americans Get Insurance – Independent Journal Review


Senator Richard Durbin revealed his wild imagination on Face the Nation this week, where he proclaimed that Obamacare has insured an additional 10 million Americans who wouldn’t have otherwise had insurance:

“Bob, let’s look at the bottom line. The bottom line is this. Ten million Americans have health insurance today who would not have had it without the Affordable Care Act – 10 million. And we can also say this. It is going to reduce the deficit more than we thought it would.”

However, there are some major problems with Durbin’s statement, which he seems to have taken by combining two numbers:

* The more than 3 million who signed up for Obamacare through the exchanges: The federal exchange counts people as enrolled as long as they have selected a plan, even if they haven’t paid for it. Also, a McKinsey & Co. survey estimates that only 11 percent of those who bought insurance under Obamacare didn’t have insurance previously.

* The 6.3 million people who were deemed eligible for Medicaid this year: In addition to some who were added to Medicaid as a result of Obamacare, this group also includes those who had Medicaid prior to Obamacare and those who are joining Medicaid in states that did not accept the Obamacare Medicaid expansion.

The Washington Post Fact Checker estimated that, at the very most, the number of newly insured under Obamacare is 4 million but that even that number is generous. Durbin’s estimate of 10 million is ridiculous and not at all backed by fact though, sadly, many who hear his statement will believe it.

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