Monday, October 5, 2015

Regulators to Shut Down Health Republic

Well that didn't take long.
Regulators will shut down Health Republic Insurance of New York, the largest of the nonprofit cooperatives created under the Affordable Care Act, in the latest sign of the financial pressures facing many insurers that participated in the law’s new marketplaces.
The insurer lost about $52.7 million in the first six months of this year, on top of a $77.5 million loss in 2014, according to regulatory filings. The move to wind down its operations was made jointly by officials from the federal Centers for Medicare & Medicaid Services; New York’s state insurance exchange, known as New York State of Health; and the New York State Department of Financial Services.
In a statement, Health Republic said it was “deeply disappointed” by the outcome, and pointed to “challenges placed on us by the structure of the CO-OP program.”
Health Republic has about 215,000 members, with about half holding individual plans and half under small-business coverage, a spokesman for the insurer said.
The regulators said they chose to take action before the exchange’s November open enrollment period, when individuals can choose coverage with a new insurer. Health Republic policies will remain in effect amid “an orderly wind down” of the insurer’s operations, they said. In a statement, Kevin Counihan, the CMS official who oversees insurance marketplace operations, said the move came “because of the likelihood that Health Republic Insurance of New York would become financially insolvent.”
The shuttering of Health Republic, at least the fourth to falter among the ACA’s original 23 co-ops around the country, reflects the losses many insurers are seeing in their business related to the health law’s exchanges, which are particularly acute for small plans without deep pockets or diversified lines of business.

Friday, October 2, 2015

What Kevin McCarthy Didn't Say

Earlier this week, McCarthy had praised a House select committee's work for its effect on weakening Hillary Clinton's poll numbers during her presidential campaign. On Thursday, McCarthy, the current House majority leader, said on Fox News that he had unintentionally misstated his position.
"This committee was set up for one sole purpose, to find the truth on behalf of families for four dead Americans," McCarthy told Bret Baier. "Now, I did not imply in any way that that work is political, of course it is not. Look at the way they have carried themselves out."

He added: "That committee is solely to get the truth out, but it happened within the truth you found out about a server," a reference to the private email server Clinton has admitted she maintained while secretary of state. "This committee's sole purpose is to find the truth why four Americans were killed that night, and that is the work they have done, that is the hearings they have done, they have been applauded on all sides of the aisle, so it was never my intention to say that."
McCarthy also told Baier he predicts that he will get the votes to become speaker.

What he actually said:

"Everybody thought Hillary Clinton was unbeatable, right?" McCarthy said on Fox News. "But we put together a Benghazi special committee, a select committee. What are her numbers today? Her numbers are dropping. Why? Because she's untrustable. But no one would have known any of that had happened had we not fought."

Now anyone with so much as a  a GED can comprehend this statement . But as usual the spin masters twisted it to fit their small minded audiences.

He never said this was done to bring down her poll numbers since if anyone was paying attention ,she wasn't even running for president when this investigation started. I know that is a little tough for the agenda pushing left to admit though.

Her poll numbers came down because during the course of the investigation her illegal actions using
her private sever for top secret government e-mails came out and she lied about it and "now" people see that she is untrustworthy. Although I am sure the hard liners would still support her even if she admitted eating her dog.

Chicago Worse than a War Zone

Chicago's bloody weekend spilled into the workweek, as 14 people were shot in the city over a 15-hour period from late Monday night to early Tuesday morning.
At least six people died. They included a pregnant woman and her mother, who were struck by a "barrage of bullets" in the Back of the Yards neighborhood, NBC Chicago reports. The woman's 11-month-old child was also injured in the shooting, although he is expected to recover.

We could help stop it but why would you want to if you
Are a cop today,risking possible prosecution,jail time or
Losing your job?

But who cares since we can't see it or politicize it?

Wednesday, September 30, 2015

What an Embarrassment

Two inept so called Leaders. Good Lord do we really
Want to listen to more of the same Holier than thou BS for the next 4 years?

Wednesday, September 23, 2015

For you Sympathizers

I guess this guy has some cred.
The bleeding heart liberals are their own worst enemy

Obama Ousts Kids With Cancer

Only days after President Obama invited Ahmed “Clock Boy” Mohamed to the White House to exhibit his bogus “invented” digital clock, the U.S. Secret Service was kicking hundreds of cancer-stricken children and their parents out of a nearby park, citing “security precautions.”
The parents and children gathered at Lafayette Park Saturday night for a scheduled candlelight vigil to call attention to childhood cancer and push for increased funding for cancer research, according to The Washington Post.
The vigil was part of a two-day event called CureFest for Childhood Cancer.

My question is "Where is their WH invitation?"