Obama is looting the Treasury to pay off insurers

The Obama administration will tell any lie and break any law to prevent the president’s signature health-care program from collapsing.

Insurance companies such as UnitedHealthcare and Aetna are losing billions trying to sell ObamaCare plans, and the risk is they’ll drop out at the end of 2016. No insurance companies means no ObamaCare.

Desperate to keep insurers on board, the administration scrambled to find another pot of money. Unfortunately, once again, a big part of that money pot belongs to the public

Obama doesn’t seem to care. On Feb. 12, the administration announced that the money will be handed out to insurers — a whopping $7.7 billion this year alone.
But it’s not just expensive: That huge handout to the insurance industry is also illegal.


[link to nypost.com]