Another Obamacare Co-Op Shuts Down




Consumers Mutual Insurance of Michigan has announced it will be winding down its operation prior to 2016, making it the twelfth Obamacare co-op to fail this year.

An FAQ on the insurer’s website reads, “[You] will need to purchase health insurance from another company prior to December 15, 2015 in order to have coverage on January 1, 2016.” Consumers are also told that, as long as they continue to pay their premiums, the co-op will handle their claims through the end of the year.

The closure of Consumers Mutual represents a grim milestone for the Obamacare co-ops, as more than half of the 23 original co-ops have now failed. Previous closures include the co-ops in Arizona, Utah, South Carolina, Colorado, Iowa/Nebraska, Louisiana, New York,Nevada, Tennessee, Oregon, and Kentucky.

The Obamacare co-ops are non-profit insurers created to offer lower cost options to consumers on the exchange. Their rates were often among the lowest in a given state. However, those low rates turned out to be a problem when enrollment did not meet expectations or when healthcare claims exceeded expectations. An Inspector General’s report published this summer found that 22 of the 23 co-ops lost money in 2014. Nineteen had claims that exceeded premiums.

No statement about the closure has, so far, been released by the Michigan Department of Insurance and Financial Services. Several of the co-ops that have failed in the last month cited an announcement by the Centers for Medicare and Medicaid Services (CMS) on October 1 that it would only pay 12.6% of requests made under the so-called risk corridors program.

Risk corridors is a pool of money which insurers who earn more than anticipated pay into so that those who earn less than needed to cover expenses can draw from it. In 2014, only $362 million was paid into the pool, and $2.87 billion was requested from it. Because HHS is prevented by law from supplementing the pool with additional funds, it could only pay out 12.6% of claims.

Budget Deal Signed By Obama; Voters Mocked Again

Published on Nov 3, 2015

Rush Limbaugh (11/2/15): “So all’s well, folks. The Democrats won’t blame the Republicans for shutting down the government, and the Democrats are no longer gonna be talking about how senior citizens won’t get their checks and veterans won’t get their health care and Medicare patients won’t get their health care and Medicaid patients.”

Budget Deal Signed By Obama; Voters Mocked Again


RUSH: So how does the budget deal pave the way for Hillary Clinton?  Folks, it’s real simple.  Over half of any Republican candidate’s campaign arsenal has just been neutered.  The Republican Party cannot campaign by running around blaming the Democrats for destroying budget, for overspending, for threatening the very fabric economically of the country.  They can’t do it.  This is the Republican budget deal that Barack Obama cannot wait to sign.

So the idea that the Democrat Party and their nominee, most likely Hillary Clinton, pose a grave threat to this country’s future because of their runaway spending, their expansion of the welfare state, the expansion of the entitlement state, the creation of more and more dependents, we can’t say that anymore.  A Republican presidential candidate is not saying that anymore.  All the Democrats are gonna have to do is say, “Wait, wait, whoa, you’re accusing us of doing what?”  And they just have to go back and cite this budget deal, which is coming up for a vote today.

That’s how over the top this is.  It’s how far the Republican Party has abandoned its own principles in putting together this budget.  The fact that they make it a two-year budget takes it out of the presidential campaign as having any relevance.  And if the Republicans happen to win the presidency, the new president already has his first fiscal year budget signed into law by Barack Obama.  Now, these things can be open ’cause budgets are actually one year.  I understand all that.  But the effort here is to take this off the table for two years so there will be no fights on the debt limit, therefore no potential government shutdowns.

In other words, the Republicans are looking at it as though they are taking themselves totally out of any political risk circumstance.  And that may be, but the way they did it was to essentially act like Democrats in putting together this budget.  When you can’t go after the Democrat presidential nominee for who she is and what she will do and why you don’t want that to happen because you’ve already made sure it will happen, what in the world are you gonna campaign against her on?  That she’s incompetent, Benghazi, secretary of state, Huma Abedin, Bill Clinton?  What’s gonna be the primary campaign message when all of this is off the table?

So I will be eager to see.  This just argues more and more for a presidential candidate that’s not part of this apparatus.  And eventually it may even happen tonight, if there’s some bright-eyed, bushy-tailed debate moderator tonight.  “Can I see a show of hands of candidates who agree with the Republican budget and support it?”  That’s a sitting duck.  That’s just waiting to happen tonight.


RUSH:  Here’s another thing.  Another thing I’m sick and tired of hearing about is the “dysfunction in” Washington.  I’m sick and tired of hearing about how Washington’s not working together.  The hell they’re not!  The two parties in Washington work together all the time.  They work together. The only thing they’re not working together on, and didn’t, is Obamacare.  I could spend the next half hour going through all the pledges and promises the Republicans made in the campaign in 2010 to give them back the House, all the pledges that have just been blown to smithereens in just one deal, this budget deal that they did.

The way to look at this budget deal is, Barack Obama just got his ninth year.  If you want to know what this budget deal is, that’s how you look at it.  We have a two-year budget deal that blows through every spending cap that we had previously won.  It gives the Democrats and Hillary and Obama every spending measure they want.  It raises the debt limit a trillion dollars, so we’re looking at a $20 trillion national debt the next couple of years.  It’s a two-year budget that takes the budgeting process out of play and no work on it for two years ’cause it’s a done deal.

That’s how we get the ninth year of Barack Obama, and he didn’t have to do a damn thing for it other than be there — which, apparently, scares the Republicans to death.  Like I said earlier, I can’t explain what the Republicans are doing.  There is no common-sensical, common-sensible reason for what they are doing politically.  What they’re doing is not helping their presidential campaign.  What they’re doing is filibustering the election of Democrats, either Hillary or whoever.  Just to repeat this again, the reason this greases the skids for Hillary is because over half of the reason to oppose her we just agreed to!

Government spending and government growth as far as the eye can see.

We can’t campaign for the presidency on how we’re gonna be in favor of reduced government, how we’re gonna make it smaller, how we’re gonna be responsible and we’re gonna reduce the debt, the deficit, what have you. We can’t say any of that with credibility because our party just engineered a two-year budgeting that blows the smithereens out of any kind of spending discipline whatsoever!  It gives Barack Obama, philosophically, his ninth year.  Whoever is president, starting in 2017, is gonna be saddled with an Obama budget.

You tell me the parties aren’t working together?  You tell me they’re not crossing the aisle?  Governor Bush, we don’t need any more of that.  Governor Christie, we don’t need any more crossing the aisle.  Senator McCain, stop!  We’ve got enough of it.  That’s not the dysfunction in Washington.  The dysfunction in Washington is they’re acting like there’s no Constitution.  And it’s not just Obama.  Because when Obama violates the Constitution and nobody holds him to account, it must be nobody cares.

I know what they’re all saying.  “You remember the budget battle of ’95, Rush?  Remember what happened to us? We tried to fight Clinton back then.  Look what happened.  We can’t.”  Yeah, I know.  I know exactly why.  The conservatives that won the House in 1994 immediately stopped teaching conservatism.  They stopped explaining it as they went. They did not respond to the Democrat media efforts to tarnish them, to trash them, because they figured, “Nobody’s gonna believe this stuff.”

So now all you have to do is ask Mitt Romney about contraception and (stammering) “Bah bah bah, what do you mean, George?”  War on Women is what we get next.  Oh, yeah, that’s another thing! Mitt Romney was responsible for the War on Women, and these are the people he wants to work with!  I’m tired of so much of it.  I’m tired of my intelligence being insulted.  This business of, “I need to be the guy you elect because I can work with the other side.”  No! We already have plenty of people doing that.  The party lines have been sufficiently blurred inside the Beltway.

All right, well, here.  Let me read to you the pledge, the part of the pledge. Republicans in their campaign in 2010. This is the leadership, now, the people who put this together.  This is part of the pledge that they gave us.  They actually said this.  I mean, I’m reading it verbatim.  You’re probably not gonna believe it, but here it is.  “Washington’s out-of-control spending spree needs no introduction. Our debt is now on track to exceed the size of our economy in the next two years. The lack of a credible plan to pay this debt back causes anxiety among consumers and uncertainty for investors and employers.

“It isn’t just that we need to stop spending so much — we need to stop spending so irrationally. The spending process in Washington is designed to make it easy to increase spending and raise taxes and difficult to cut spending and lower taxes. The deck is stacked against limited government and fiscal responsibility. This must stop.”  Four years ago they wrote this.  Four years ago they promised to do just this.  “Over the past three years, non-security discretionary spending (the spending that is approved each year by Congress outside of the Department of Defense, Department of Homeland Security, and Department of Veterans Affairs) has increased a staggering 88%.”

Discretionary spending, 88%.

Everything about defense and Homeland Security, basically.

“As a result,” they wrote, “we now borrow 41¢ of every dollar we spend, much of it from foreign countries, including China, and leave the bill to our kids and grandkids.” What have we just done? We have just raised the debt limit! The people that wrote this just orchestrated a $1 trillion increase in the debt limit.  And in their minds, this program is the problem, and Fox News is the problem, and everything that’s not the old three networks. Everybody in the New Media is a problem, ’cause we point this stuff out.

You’re not supposed to remember this pledge.  They gotta get this done before Ryan sworn as speaker so his fingerprints aren’t on it.  That’s the leadership’s gift to him, give him this budget deal so he won’t have to get his hands wet doing a budget from couple of years. He’s already got it done but he didn’t have anything to do with it.  Ahem.  The pledge goes on.  “Economists have warned that all this borrowing runs the risk of causing a damaging spike in interest rates, which would cripple job creation. If our economy remains debt-driven, it will not be in a position to support a lasting economic recovery.”

Right.  So let’s add another trillion dollars to it, why not?

This pledge is actually 2010.  That was the election year.  In that pledge, they promised to “Cut Government Spending to Pre-Stimulus, Pre-Bailout Levels,” and then a paragraph on how they’re going to do it. They promised to “Establish a Hard Cap on New Discretionary Spending,” and then a paragraph on how they’re going to do it. They promised to “Root out Government Waste and Sunset Outdated & Duplicative Programs,” and then a paragraph on how they’re going to do it.

They promised to, “Reform the Budget Process to Focus on Long-Term Challenges.” They said, “We will make the decisions that are necessary to protect our entitlement programs for today’s seniors and future generations. That means requiring a full accounting of Social Security, Medicare, and Medicaid, setting benchmarks for these programs and reviewing them regularly, and preventing the expansion of unfunded liabilities.”  I guess that stopped being operative some time ago.  So what happened after the voters read this pledge and believed it and trusted the Republicans to do what they said they were gonna do and elected them to run the House?

What happened?

“Upon taking control of the House in 2011, Republicans approved a budget with $1.3 trillion in deficit spending, pushing the national debt to $14.7 trillion (this is the officially recognized debt, not taking into account tens of trillions of dollars in unfunded liabilities),” which are in the $50 trillion to $60 trillion range. “Today, after four years of GOP control of the House, during the last ten months of which Republicans have also controlled the Senate, the debt stands at $18 trillion.” It was $14.7 trillion when they took over in 2011. Now, wait.  I know some of you might be shouting, “Obama! Obama!”

Remember that they didn’t follow through on stopping Obama.

Oh, yeah, we got some spending caps, but they took care of that.  And the sequester. We took care of that.  Those obstacles are out of the way.  Obama hated ’em anyway and they’re gone now.

During the last 10 months, Republicans have controlled the Senate, the debt stands now at $18 trillion, up from 14.7 in 2011.  In his last official act, Speaker Boehner, along with Senate leader Mitch McConnell, will accede to Obama’s demand to push the debt limit up to 19 and a half trillion dollars in the next two years, which is an attempt to remove the threat posed by deficit spending as a 2016 election issue.  This is how the road has been paved for the Democrats to win the White House again.  We have removed the threat posed by deficit spending, which is what Democrats traditionally have been known for.

We cannot run a campaign for president now accusing the Democrats of deficit spending, big spending, dangerous spending, destructive spending.  We’ve done it.  That’s half the arsenal against your Democrat presidential campaign every four years, and we just took the arrows out of the quiver.  So $5 trillion nearly added to the national debt since the 2010 pledge to end control out-of-control borrowing and spending.  And it’s not because we’re not crossing the aisle and working with Democrats.  It’s not because of dysfunction in Washington.  Well, there’s dysfunction, but the dysfunction is not that we aren’t working with the Democrats.

That’s one of the biggest smoke screens. That’s one of the biggest insults they fire at us, as though somehow it’s our fault, by the way.  We, you and I, we’ve elected people that won’t cooperate.  We need to work with these people, we’re told.  It seems to me that’s exactly what’s been happening.  And for all of this to happen, something has to take a big, big hit, and that is the Constitution of the United States.

Now, in the 2016 campaign, I fully expect the Republicans are gonna try to blame all of this on Obama and the Democrats.  And they’re gonna continue to hope that you don’t realize the spending that’s contained in this budget deal.  They’re gonna have their friends and allies in the media tell you it’s a great budget deal, that we beat Obama at his own game.  We got a two-year budget and we’ve taken a government shutdown off the table, and that’s the biggest threat to our winning the White House, and that’s what they honestly think.

So that’s what they’re gonna tell you.  We beat Obama. We got a two-year deal. We forced our discipline on this country and on Obama, and we’ve eliminated the threat of a government shutdown, and then they’re gonna go out and start trying to blame Hillary for all the spending she wants to do, the destruction that will happen if she gets to do it.  They will hope that you don’t remember any of this and realize that they promised to stop it and not only caved in stopping it, they joined and worked with and crossed the aisle to make it happen.  We will probably continue to hear, “If you’ll just turn out and vote for us, we’re not gonna do business the way the Democrats have been doing it for the eight years of Obama.”  So just my two cents.

But, folks, all of this, these monologues here in the past hour, all of this is why the idea of writing these books for children was so appealing to me, for young people to learn the truth of how this country was founded.  At some point the people of this country are going to have to become learned enough, educated enough on how this country works and how prosperity happens, how growth happens, how freedom is maintained.  People are gonna have to understand this.  They’re not being taught in schools.  They’re not being taught of the greatness of this country.  They’re not being taught the Constitution.  They aren’t being taught the sacrifices.

Instead they’re being taught of all the racism and the bigotry and the social injustice and the immorality of the early days of this country, and how we’ve gotta pay the price for that. That’s why we have to open the borders, because we’ve been so selfish.  We have stolen all the resources of other people all over the world to enrich ourselves, and those days are over.  We’ve got to pay it back.  This superpower status of ours, that’s not legitimate.  We didn’t work to own that.  We stole that from people.  We stole their cultures. We stole their resources, their diamonds, their minerals, their gold, whatever, we’ve gotta give it back.

We’ve got people who have been deprived for 200 years ago because of the existence of the United States finally have to be permitted to get theirs.  That’s the compassion of this immigration thing all wrapped up.  And it’s bogus, and so the opportunity to — I mean, young kids are not gonna listen to this show.  They’re just not.  When you were eight, 10, 12, 13, you didn’t listen to talk radio.  But I sure wish they did.  I wish they were able to comprehend.  I know the parents try to explain it as best they can, but that’s why writing these kids books is so appealing.  You know, the old “make a difference” thing.  And that’s why the fourth one in two years is out, Rush Revere and the Star-Spangled Banner.


RUSH:  Here is Brian, St. Augustine, Florida, great to have you on the EIB Network.  Hi.

CALLER:  Thanks taking the call, Rush.  I just wanted to say for ten years Harry Reid and the Democrats ran the country on continuing resolutions because they didn’t want to be blamed with deficit spending and now the Republicans go ahead and make a back door deal with them, a backroom deal to do just that, and —

RUSH:  You know, that —

CALLER:  — they take the blame for it.

RUSH:  Let me tell you, that is a fascinating point.  We haven’t had budgets.  We’ve had continuing resolutions, and one of the reasons for continuing resolutions is that you always get to get what you want really at the point of a political gun.  It’s hard to say there’s deficit spending with continuing resolutions.  And so the Democrats didn’t want that moniker, they didn’t want to be labeled as deficit spenders, so the continuing lubrication.  It also enabled them to say the Republicans were not cooperating, it’s the only way they could go. And so now the Republicans have gone ahead, “Hey, okay, we’ll take the deficit spending label ourselves. We’ll do it, we’ll do it. We’ll give you two years.  Lay it off on us, happily.”


14 Things That Would Happen if Illegals Left the Country


[portions by Frosty Wooldridge, others added by an unknown author. Tina Griego, of the Denver Post, however, did not write it, and gets annoyed when people say she did]

What if the illegals left?

Somebody really did their homework on this one. Best on the subject to present date.

What if 20 Million Illegal Aliens Vacated America?

It’s a good question… it deserves an honest answer. Over 80% of Americans demand secured borders and illegal migration stopped. But what would happen if all 20 million or more vacated America? The answers I found may surprise you!

In California, if 3.5 million illegal aliens moved back to Mexico, it would leave an extra $10.2 billion to spend on overloaded school systems, bankrupt hospitals and overrun prisons. It would leave highways cleaner, safer and less congested. Everyone could understand one another as English became the dominant language again.

In Colorado, 500,000 illegal migrants, plus their 300,000 kids and grandchilds would move back “home,” mostly to Mexico. That would save Colorado an estimated $2 billion (other experts say $7 billion) annually in taxes that pay for schooling, medical, social-services and incarceration costs. It means 12,000 gang members would vanish out of Denver alone.

Colorado would save more than $20 million in prison costs, and the terror that those 7,300 alien criminals set upon local citizens. Denver Officer Don Young and hundreds of Colorado victims would not have suffered death, accidents, rapes and other crimes by illegals.

Denver Public Schools would not suffer a 67% dropout/flunk rate because of thousands of illegal alien students speaking 41 different languages. At least 200,000 vehicles would vanish from our gridlocked cities in Colorado. Denver’s 4% unem ployment rate would vanish as our working poor would gain jobs at a living wage.

In Florida, 1.5 million illegals would return the Sunshine State back to America, the rule of law, and English.

In Chicago, Illinois, 2.1 million illegals would free up hospitals, schools, prisons and highways for a safer, cleaner and more crime-free experience.

If 20 million illegal aliens returned ‘home,’ the U.S. Economy would return to the rule of law. Employers would hire legal American citizens at a living wage. Everyone would pay their fair share of taxes because they wouldn’t be working off the books. That would result in an additional $401 billion in IRS income taxes collected annually, and an equal amount for local, state and city coffers.

No more push ‘1’ for Spanish or ‘2’ for English. No more confusion in American schools that now must contend with over 100 languages that degrade the educational system for American kids. Our overcrowded schools would lose more than two million illegal alien kids at a cost of billions in ESL and free breakfasts and lunches.

We would lose 500,000 illegal criminal alien inmates at a cost of more than $1.6 billion annually. That includes 15,000 MS-13 gang members who distribute $130 billion in drugs annually would vacate our country.

In cities like L.A., 20,000 members of the ’18th Street Gang’ would vanish from our nation. No more Mexican forgery gangs for ID theft from Americans! No more foreign rapists and child molesters!

Losing more than 20 million people would clear up our crowded highways and gridlock. Cleaner air and less drinking and driving American deaths by illegal aliens!

America’s economy is drained. Taxpayers are harmed. Employers get rich. Over $80 billion annually wouldn’t return to the aliens’ home countries by cash transfers. Illegal migrants earned half that money untaxed, which further drains America ‘s economy which currently suffers an $8.7 trillion debt. $8.7 trillion debt!!!

At least 400,000 anchor babies would not be born in our country, costing us $109 billion per year per cycle. At least 86 hospitals in California, Georgia and Florida would still be operating instead of being bankrupt out of existence because illegals pay nothing via the EMTOLA Act. Americans wouldn’t suffer thousands of TB and hepatitis cases rampant in our country – brought in by illegals unscreened at our borders.

Our cities would see 20 million less people driving, polluting and grid locking our cities. It would also put the ‘progressives’ on the horns of a dilemma; illegal aliens and their families cause 11% of our greenhouse gases.

Over one million of Mexico’s poorest citizens now live inside and along our border from Brownsville, Texas, to San Diego, California, in what the New York Times called, ‘colonias’ or new neighborhoods. Trouble is, those living areas resemble Bombay and Calcutta where grinding poverty, filth, diseases, drugs, crimes, no sanitation and worse. They live without sewage, clean water, streets, roads, electricity, or any kind of sanitation.

The New York Times reported them to be America’s new ‘Third World’ inside our own country. Within 20 years, at their current growth rate, they expect 20 million residents of those colonials. (I’ve seen them personally in Texas and Arizona; it’s sickening beyond anything you can imagine.)

By enforcing our laws, we could repatriate them back to Mexico. We should invite 20 million aliens to go home, fix their own countries and/or make a better life in Mexico. We already invite a million people into our country legally annually, more than all other countries combined. We cannot and must not allow anarchy at our borders, more anarchy within our borders and growing lawlessness at every level in our nation.

It’s time to stand up for our country, our culture, our civilization and our way of life.

Interesting Statistics!

Here are 14 reasons illegal aliens should vacate America, and I hope they are forwarded over and over again until they are read so many times that the reader gets sick of reading them:

1. $14 billion to $22 billion dollars are spent each year on welfare to illegal aliens (that’s Billion with a ‘B’)

3. $7.5 billion dollars are spent each year on Medicaid for illegal aliens.

4. $12 billion dollars are spent each year on primary and secondary school education for children here illegally and they still cannot speak a word of English!

5. $27 billion dollars are spent each year for education for the American-born children of illegal aliens, known as anchor babies.

6. $3 Million Dollars ‘PER DAY’ is spent to incarcerate illegal aliens. That’s $1.2 Billion a year.

7. 28% percent of all federal prison inmates are illegal aliens.

8. $190 billion dollars are spent each year on illegal aliens for welfare & social services by the American taxpayers.

9. $200 billion dollars per year in suppressed American wages are caused by the illegal aliens.

10. The illegal aliens in the United States have a crime rate that’s two and a half times that of white non-illegal aliens. In particular, their children, are going to make a huge additional crime problem in t he US.

11. During the year 2005, there were 8 to 10 MILLION illegal aliens that crossed our southern border with as many as 19,500 illegal aliens from other terrorist countries. Over 10,000 of those were middle-eastern terrorists. Millions of pounds of drugs, cocaine, meth, heroin, crack, guns, and marijuana crossed into the U.S. from the southern border.

12. The National Policy Institute, estimates that the total cost of mass deportation would be between $206 and $230 billion, or an average cost of between $41 and $46 billion annually over a five year period.

13. In 2006, illegal aliens sent home $65 BILLION in remittances back to their countries of origin, to their families and friends.

14. The dark side of illegal immigration: Nearly one million sex crimes are committed by illegal immigrants in the United States!

Total cost a whopping $538.3 BILLION DOLLARS A YEAR !

Feds Admit More Obamacare Co-Op Flops Ahead



Federal officials admitted for the first time Monday that the collapse of the largest and most costly of nearly two dozen Obamacare-funded health insurance co-ops may not be the program’s last failure.

The admission followed the collapse Friday of Health Republic of New York after regulators ordered the co-op “to cease writing new health insurance policies,” leaving 155,000 customers scrambling to find new coverage by the end of the year.

“If a co-op has solvency issues, and we cannot rule out that others may this year, we will work with the states so that consumers have affordable options on the marketplace,” said Department of Health and Human Services spokesman Aaron Albright. “As a startup business, we recognize not all will succeed.” Albright is a spokesman for the department’s Centers for Medicare and Medicaid Services (CMS), which administers Obamacare.

The federal government gave Health Republic $265 million in start-up money in 2012. Taxpayers also funded an additional $91 million in emergency “solvency loans” last year, for a total of $356 million. The startup funds were to be paid back after the co-ops became financially viable.

The $356 million for Health Republic went to Sarah Horowitz, a liberal New York political activist who previously launched the Freelancers Insurance Company that state officials have ranked as providing the poorest consumer service among Empire State health insurers.

Horowitz was awarded another $170 million to start Obamacare health co-ops in New Jersey and Oregon. Health Republic is the sixth of 23 Obamacare co-ops to fail since the $2.4 billion program was launched in 2011. Co-ops in Vermont, Iowa, Nebraska, Nevada and Louisiana have also been terminated.

Critics of the program said that CMS was only recognizing the reality of the disaster unfolding for the remaining co-ops.

“CMS is begrudgingly acknowledging reality,” said Grace-Marie Turner, president of the Galen Institute, a free-market health policy think tank. “They recognize that failures are going to be popping up in the near future.”
Thomas Miller, a resident scholar and health insurance expert at the American Enterprise Institute (AEI), said it’s possible up to 10 co-ops could fail this year.

Louisiana Insurance Commissioner Jim Donelon, who presided over the collapse of the Louisiana Health CO-OP, believes all of the Obamacare co-ops were doomed from the beginning.

“I think the challenge of rolling out a new health insurer at the same time as the roll out of the Affordable Care Act was a near impossible task,” Donelon said.

“It’s playing out that way in 22 of the 23 states,” he said, noting that insurance industry ratings experts found that last year all but one of the co-ops suffered large net losses.

New York insurance regulators refused to disclose financial data about Health Republic’s problems and gave no explanation for why the co-op failed.

Data collected by the independent National Association of Insurance Commissioners (NAIC), however, show that Health Republic lost $94 million in 2014, more than a third of the $241 million the co-op had in cash on hand. The total amount of losses by all co-ops was released in a report filed by the Galen Institute and AEI’s Miller.

Louisiana co-op documents obtained by TheDCNF from the Louisiana insurance department also illustrate why most co-ops are failing.

The Louisiana co-op reported it had received $60 million in federal funds, but faced $46 million in liabilities in the last two quarters of 2014. Net losses last year were $21 million. The co-op was far behind in payments to hospitals and doctors, with more than half of its accounts due being unpaid from 90 to more than 120 days.

Turner said the next co-op to go belly up could be the Kentucky Health Cooperative, which serves customers there and in West Virginia. It is the second largest co-op behind Health Republic and claimed 57,000 customers in 2014.

“Kentucky is one that we have our eye on. It’s the second biggest enrollment after NY,” Turner said.

Because the co-op was unprepared for a large enrollment, Turner said it has had to pay higher premiums to other insurers for access to their doctors, clinics and hospitals.

“Most have to rent networks from established carriers for which they have to pay a premium. And they attracted a sicker population, so they had to pay higher costs,” she said.

CMS gave the Kentucky co-op $65 million in emergency solvency funding in November 2014. The infusion of capital was to assure the co-op met state requirements for minimum cash on hand.

NAIC reported that last year the Kentucky co-op faced net losses of $127 million, with $124 million in federal cash.

Like New York, the co-op with customers in Iowa and Nebraska had high enrollment. ut because the co-op was paying $1.40 in benefits for every $1 it got in premiums, the higher enrollment only meant bigger losses.

The quickening downward spiral of the co-ops, which represented a vision of President Barack Obama and co-op activists in 2010, now is taking a toll on their once friendly relations.

The National Alliance of State Health CO-OPs, a trade association representing the Obamacare co-ops, has blamed the problems on the Obamacare law itself and programming decisions by Obama administration officials.

Following Health Republic’s collapse, Kelly Crowe, NASHCO’s CEO, released a statement saying “from practically their inception, health insurance co-ops have been hamstrung by both the structure of the program and the way in which [Obamacare] was implemented.”

Capitalization levels “were insufficient” and the program contained numerous “regulatory obstacles,” she said.

Read more:

While U.S. ‘can’t afford’ protection for Marines, look what incoming refugees are getting..

Written by Ashley Edwardson


While many of our military families must rely on food stamps and the United States Marine Corps claims itcan’t afford bullet proof glass to protect its rifle-less riflemen, President Obama is offering piles of cash to “refugees” coming to America. Yep, that’d be YOUR tax dollars.

And the tax dollars required to support these “refugees” — many of whom, it’s turning out, are actually NOT coming from war-torn Syria — are about to explode, given new directives from the Obama administration.

According to Yahoo! News, the administration is now saying that what was supposed to be 10,000 refugee settlers has now mushroomed into a reported 100,000 newcomers to the U.S. by 2017.

“We will now go up to 85,000 with at least 10,000 over the next year in Syria specifically. And in the next fiscal year we will target 100,000,” Kerry said.

As we reported last week, many of these desperate refugees are shopping around for the host country with the best benefits. So what will the United States be doing to “compete” in this market for refugees — some of whom may not be quite as tired and poor as they are portrayed to be?

The United Conference of Catholic Bishops recently posted the list of freebies President Obama’s offering to those thousands of “refugees” he and the United Nations are demanding America accept. The information came from our very own Government Accountability Office.

As reported by the Daily Caller:

Each refugee is offered a placement grant of $1,850 from the Department of State. This includes: pre-arrival, reception, initial housing food, clothing, referral services and social programs. The benefit eligibility are for those refugees who have been in the U.S. for up to three months.

Refugees needing cash assistance can get it through Temporary Assistance for Needy Families (TANF). This is temporary financial assistance and social services for those eligible low-income refugees with dependent children. Cash assistance for refugees who do not qualify for TANF can also be obtained through Refugee Cash Assistance. This is available for those in U.S. for up to 8 months.

Supplemental Security Income (SSI) is also an option for incoming refugees and those who settled in the U.S. for up to nine years. This is cash is cash assistance for those low-income individuals who may be elderly, blind, or disabled.

Refugees who’ve been in the United States up to seven years are also offered medical financial assistance through Medicaid as well as through the State Children’s Health Insurance Program (SCHIP). Otherwise, Refugee Medical Assistance is available for up to eight months for those individuals who are not eligible for Medicaid.

The Supplemental Nutrition Assistance Program (SNAP) is made available to refugees for up to nine years while social services for refugees — including job training, placement, and retention for those settled in the U.S — are available for up to five years.

Ann Corcoran, founder of Refugee Resettlement Watch, first noticed the posting and comments, “At the top you will see that each refugee gets $1850 as a one time payment from the US Dept. of State (a family of 6 would receive $11,100). However, the contracting (non-profit) agency keeps about $750 of each refugee’s allotment for its own overhead.”

She later noted, “But, that is not all the contractor receives, most get tens of thousands of federal dollars to run myriad other programs through their offices including English language lessons, employment counseling, and even are granted federal dollars to develop community gardens for their refugee clients.”

You do the math. That means at least $342,250,000 of U.S. funds over the next couple of years.

Meanwhile, according to Marine Lt. Gen. Mark Brilakis, providing bullet-proof glass for Marine recruitment offices would cost about $100 million dollars the U.S. government just doesn’t have. General Brilakis, I think I just found your $100 million, even if it means that those refugees coming to America will have to suck it up and divide the remaining left over $243 million amongst themselves.

I don’t know about y’all, but Monday morning I’m going to light up the phone lines to my Congressmen to demand our Marines be taken care of before any refugee who sets foot on our soil. Be sure and contact us if you need any assistance contacting your representatives.