Sunday, December 02, 2012
ObozoCare Now Approaching Fetid
....ain't exactly what anybody knew, especially Obozo and Numbskull Nancy.
...The Obama administration’s congressional allies botched the drafting of this aspect of the health care overhaul, as the plain language of Obamacare doesn’t empower federal exchanges to distribute taxpayer-funded subsidies to individuals; it empowers only state-based exchanges to distribute the subsidies. (The administration pretends otherwise.) Moreover, the Department of Health and Human Services (HHS) is lagging behind in developing the federal exchanges.
"We don't NEEEEED your steeeeenkin' laws...."
You've heard of "crony capitalism," right? Read on for a bit of education on the topic!!
It gets worse. HHS has contracted with a subsidiary of a private health care company to help build and police the very exchanges in which that company will be competing for business. The person who ran the government entity that awarded that contract has since accepted a position with a different subsidiary of that same company. An insurance industry insider (speaking on the condition of anonymity) says that HHS, in an attempt to hide this unseemly contract from public view until after the election, encouraged the company to hide the transaction from the Securities and Exchange Commission.
Which is OK, b/c SEC personnel are too busy watching porn on taxpayer dollars, anyway....
... and Guess Who is the company which purchased the prime contractor??
...QSSI, apparently realizing what a valuable asset it had in the contract, started shopping itself around. Meanwhile, Larsen left the CCIIO [the Feds overseeing ObozoCare] and took a highly paid position with Optum, a subsidiary of UnitedHealth Group, in June. Sometime this summer, UnitedHealth Group bought QSSI.
...UnitedHealth Group, through QSSI, would be able to police the same field in which it would be a competitor.
HT: Hot Air