Health insurance companies in bed with Obama

[DrLeftover]

Health Care Law Recasts Insurers as Obama Allies

NOV. 17, 2014

WASHINGTON — As Americans shop in the health insurance marketplace for a second year, President Obama is depending more than ever on the insurance companies that five years ago he accused of padding profits and canceling coverage for the sick.

Those same insurers have long viewed government as an unreliable business partner that imposed taxes, fees and countless regulations and had the power to cut payment rates and cap profit margins.

But since the Affordable Care Act was enacted in 2010, the relationship between the Obama administration and insurers has evolved into a powerful, mutually beneficial partnership that has been a boon to the nation’s largest private health plans and led to a profitable surge in their Medicaid enrollment.

The insurers in turn have provided crucial support to Mr. Obama in court battles over the health care law, including a case now before the Supreme Court challenging the federal subsidies paid to insurance companies on behalf of low- and moderate-income consumers. Last fall, a unit of one of the nation’s largest insurers, UnitedHealth Group, helped the administration repair the HealthCare.gov website after it crashed in the opening days of enrollment.

http://www.nytimes.com/2014/11/18/us/politics/health-law-turns-obama-and-insurers-into-allies.html?_r=0

 

[Webster]

*looks over towards Doc* ...and this is news? Of course the insurance companies are gonna' love Nobamacare; they now have a totally captive audience.

 

[WHO IS SERAFIN]

The insurance companies know with obama hell getting rolling there days are numbered just like the dear leader wants. But for now the government needs those insurance companies before they are shut down. So the insurance companies are clinging on to life getting in bed with all out cronyism. My god how much more competition for health providers there would be at much better prices and service if government truly got out of the health care industry like the pre 1960s implementation of Medicare and Medicaid.

Go Ted Cruz or Ben Carson for 2016!