Conservatives Shocked Obamacare Is Working Like It's Designed To
DYLAN SCOTT – FEBRUARY 7, 2014, 1:08 PM EST
A new line of bad Obamacare news made the rounds in conservative circles this week: One insurance company, Humana, said it could receive up to $450 million in 2014 through the various provisions in the law that were designed to help insurers make the transition to its reforms.
It was picked up by Scott Gottlieb, a resident fellow at the conservative American Enterprise Institute, who wrote about the report for Forbes. He cited Humana executives who said that the Obamacare "bailout" -- as Republicans have dubbed those provisions -- would cost up to $450 million to cover their company.
His report was soon referenced by National Review Online, HotAir, NewsMax and others -- many of whom noted that this huge bailout was for "just one insurer." It sounds, when you put it like that, like another health care disaster for the White House.
(To be fair, mainstream outlets like Reuters also picked up the news, but they refrained from using the word "bailout."
As is often the case, the whole story is a bit more complicated. ...
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http://talkingpointsmemo.com/dc/obamacare-bailout-humana
