Obamacare: Ten Trillion Dollar Taxpayer Scam
Taxpayers have been had. American Health Insurance Plans (AHIP) is America’s largest trade association and they wrote Obamacare. AHIP is the Blue Cross Association and the Medicaid managed care companies. Medicaid turns these manage care companies’ CEOs into multi-millionaires and their major stock holders into billionaires like California’s Molina brothers and Miami’s Mike Fernandez. Anthem Blue Cross stock price was $30 a share when Obamacare was passed and now it’s $187!
The Blue Cross plans in the States are government created monster monopolies that have all of the government contracts to provide health insurance to city, county, school districts and State employees plus a majority of employer sponsored group insurance plans. In Iowa, for example, taxpayers are paying $953 a month for a 30-year-old State employee to Blue Cross of Iowa. But, if a child under the age of 26-years-old is added to the State plan Blue Cross charges an additional $1,279 a month. The Iowa State employees don’t complain because taxpayers are being scammed into paying this ridiculous price. Pure and simple this is highway robbery.
Iowa State Employees’ Health Insurance Rates:
Wait, the Blue Cross taxpayer scam gets much worse. If the Iowa State employee gets ovarian cancer and becomes too sick to work Blue Cross will send the sick woman a COBRA extension bill at the beginning of the following month for the total cost of $2,232 a month for her to keep the insurance. If she pays the $2,232 a month then Blue Cross would have to pay for her expensive cancer treatments. But, Obamacare rules allow her to let taxpayers pay for her health insurance if she switches to an Individual Insurance company because she has a magic Obamacare Special Enrollment Period (SEP).
The result is Blue Cross has taxpayers paying over $25,000 a year, year after year, until she gets too sick to work then taxpayers are scammed into paying for her to switch to another insurance company and Blue Cross laughs all the way to the bank. This sad taxpayer scam is being played out at all levels of government in every State in America. Wait, this Obamacare taxpayer scam gets worse yet, much worse. Every FAKE newspaper in America is also in on the taxpayer scam. Every newspaper in America is selling health insurance to their own employees that the employees lose if they get too sick to work. The same Obamacare rules apply and the sick bald-headed employee gets their COBRA notice and Obamacare’s magic SEP for taxpayers to pay to switch the sick employee off of the newspapers’ insurance company and onto an Individual Insurance company.
Obamacare has killed the Individual Insurance companies in just 3 ½ short years. Individual Insurance companies don’t want to pay for Blue Cross’s sickest clients and have decided to just abandon the market. The CRISIS is so bad that there is no Individual Insurance company in Iowa for 2018. It is not just Iowa with this CRISIS. There are no Individual Insurance companies in IA, NE, SD, OK, MO, OH, TN and I’m sure the list will grow over the next 20 days as the companies file their 2018 rates with regulators. If one FAKE newspaper in America reported what they are doing with their own employees they would win a Pulitzer Prize. The American Cancer Society terminates their own employees’ health insurance if they get ovarian cancer and become too sick to work.
When the history of Obamacare is written it will go down as the biggest scam in American history bar none. Bernie Madoff’s Little-Bitty $65 billion dollar scam is nothing by comparison to the Obamacare scam. This is more than just trillions and trillions of dollars. The good American taxpayers paid the price for a safety net with Medicaid and they got back Medicaid billionaires. Imagine how many people have died to create a government system that enriches special interests and the politicians that serve them.
It’s TIME to drain the swamp at all levels of government.