By Americans for Prosperity
Instead of honestly examining all cost drivers and taking the necessary steps to lower costs for businesses and taxpayers, the Obama administration has instead simply worked with insurance companies to extend corporate welfare to protect them.
On top of the billions in subsidies and the mandate that Americans buy insurance, the health care law includes several transitional programs intended to help insurers meet their bottom lines during implementation. These companies are currently struggling too, so they are lobbying members of Congress to extend these programs and expand their scope. Increasingly, insurers are threatening to abandon the Obamacare exchanges while they receive more handouts on top of the billions of dollars they’ve received to date. Click here to read the full oped by AFP Director of Federal Affairs and Strategic Initiatives Chrissy Harbin in the Morning Consult.
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