Obamacare INSURES insurance companies from any loss via taxpayers

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Why should taxpayers have to bail out health insurance companies in the increasingly likely event that ObamaCare leaves them with financial losses?
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Sen. Marco Rubio
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Why should taxpayers have to bail out health insurance companies in the increasingly likely event that ObamaCare leaves them with financial losses?
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Washington’s authority for this bailout was buried deep inside ObamaCare, in the law’s section 1342. This provision authorized what are known as risk corridors that limit the amount of profit insurers could extract from the program and, most significantly, limit their losses.

This means that if not enough people sign up for ObamaCare, insurers will lose money and taxpayers will make up the difference. If not enough young and healthy people sign up, as is currently the case, taxpayers will have to pay even more.
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(Obamacare limits insurers losses so its a win win for all insurance companies.

Obamacare INSURES insurance companies from any losses if not enough people sign up for oamacare!!!

Everyday more and more information comes out exposing our CORRUPT government.

How can America survive obama and his dictatorship?

I think America is being slowly destroyed and GOD is allowing it to happen because of the wickness of some Americans. It seems like obama is a "judge" over America that will continue to strip Americans of their freedom and prosperity.

Some people are praying to the Lord for relief from the corrupt federal government and state governments and local governments.

Some people continue to live in sodomy ,promote abortions, and ignore GOD's warnings of destruction because of sin.

It could be GOD is allowing America to self destruct via obama and people like him.) Story Reports
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Page 94 of PDF file HR3950 obamacare corrupt law text link Read it for yourself.
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PART V—REINSURANCE AND RISK ADJUSTMENT

Sec. 1342. Establishment of risk corridors for plans in individual and small group
markets.

SEC. 1342. ESTABLISHMENT OF RISK CORRIDORS FOR PLANS IN INDI-
VIDUAL AND SMALL GROUP MARKETS.
(a) IN GENERAL.

—The Secretary shall establish and administer
a program of risk corridors for calendar years 2014, 2015, and
2016 under which a qualified health plan offered in the individual
or small group market shall participate in a payment adjustment
system based on the ratio of the allowable costs of the plan to
the plan’s aggregate premiums. Such program shall be based on
the program for regional participating provider organizations under
part D of title XVIII of the Social Security Act.
(b) PAYMENT METHODOLOGY.—
(1) PAYMENTS OUT.—The Secretary shall provide under the
program established under subsection (a) that if—
(A) a participating plan’s allowable costs for any plan
year are more than 103 percent but not more than 108
percent of the target amount, the Secretary shall pay to
the plan an amount equal to 50 percent of the target
amount in excess of 103 percent of the target amount;
and
(B) a participating plan’s allowable costs for any plan
year are more than 108 percent of the target amount,
the Secretary shall pay to the plan an amount equal to
the sum of 2.5 percent of the target amount plus 80 percent
of allowable costs in excess of 108 percent of the target amount.

2) PAYMENTS IN.—
The Secretary shall provide under the
program established under subsection (a) that if—
(A) a participating plan’s allowable costs for any plan
year are less than 97 percent but not less than 92 percent
of the target amount, the plan shall pay to the Secretary
an amount equal to 50 percent of the excess of 97 percent
of the target amount over the allowable costs; and
(B) a participating plan’s allowable costs for any plan
year are less than 92 percent of the target amount, the
plan shall pay to the Secretary an amount equal to the
sum of 2.5 percent of the target amount plus 80 percent
of the excess of 92 percent of the target amount over
the allowable costs.
(c) D
EFINITIONS
.—In this section:
(1) ALLOWABLE COSTS
.—
(A) IN GENERAL
.—The amount of allowable costs of
a plan for any year is an amount equal to the total costs
(other than administrative costs) of the plan in providing
benefits covered by the plan.
(B) REDUCTION FOR RISK ADJUSTMENT AND REINSURANCE PAYMENTS
.—Allowable costs shall reduced by any
risk adjustment and reinsurance payments received under
section 1341 and 1343.
(2) TARGET AMOUNT
.—The target amount of a plan for
any year is an amount equal to the total premiums (including
any premium subsidies under any governmental program),
reduced by the administrative costs of the plan.

Navy seal's machine gun they were firing was encrusted with blood.

(When I heard this on the radio I stopped to think what it meant. It means these Americans did every thing they could to save themselves and the others from the terrorist attacks that obama himself had allowed to happen.

These brave Americans were not only fighting local obama sponsored killers they were in effect defending themselves against the person in the white house who is an ally of their enemy!

We as Americans must be aware of the evil who calls himself barack obama.

This evil being is the friend of our enemies. He is their defender. He is their sponsor. He is the evil responsible for giving them weapons to kill the navy seals.) Story Reports
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Benghazi Consulate Could Have Used Marines With Bayonets

Scandal: More than six hours after terrorists attacked our consulate, former Navy SEALs manned a blood-soaked machine gun to defend U.S. territory. Meanwhile Apache helicopters sat on the ground in Italy.

At 4 a.m. local time on Sept. 11 — six hours and 20 minutes after the initial attack began — former Navy SEALs Tyrone Woods and Glen Doherty were killed at the CIA annex not far from the consulate by a mortar shell. The machine gun they were firing was encrusted with blood, an indication they continued to fight after being wounded.

During that eternity, Woods and Doherty might have wondered between gunfire and explosions where the military, with bases strewn across Europe, was. U.S. forces were indeed being moved like chess pieces as the attack unfolded, but none came to their aid because no one gave the order.

President Obama, perhaps preoccupied with his upcoming Las Vegas fundraiser, met with Defense Secretary Leon Panetta and Vice President Joe Biden in the Oval Office at 5 p.m. ET, a little more than an hour after the onset of the attack.

He could have given the order but did not, even after an email, in which the al-Qaida-tied group Ansar al-Sharia claimed responsibility, arrived at 6:07 p.m. ET to a distribution list that included the White House Situation Room.

A Special Operations force went from central Europe to Naval Air Station Sigonella in southern Italy, just 480 miles from Benghazi. F-16s and Apache helicopters remained parked and unused at Aviano Air Base in northern Italy. Two Navy destroyers already in the Mediterranean Sea were moved off the coast of Libya on the day of the attack but were never used.

The question is: Why not?

Some suggest that sending nearby AC-130 gunships or Apaches would have been futile because in the chaos they couldn't have identified the attackers and might have hit innocents. A few well-timed machine gun bursts at nowhere in particular would have been sufficient to disperse the jihadists. We know there was no protest mob in the way and certainly we could have plucked those two heroic SEALs off the annex roof.

But to send help would have acknowledged it was a terrorist attack. It would have destroyed Team Obama's campaign mantra that Osama bin Laden was dead, al-Qaida was destroyed and the Arab Spring was in full bloom. Better to blame a filmmaker and his obscure video.

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Fox News


CIA operators, navy seals, were denied request for help during Benghazi attack.

Fox News has learned from sources who were on the ground in Benghazi that an urgent request from the CIA annex for military back-up during the attack on the U.S. consulate and subsequent attack several hours later on the annex itself was denied by the CIA chain of command -- who also told the CIA operators twice to "stand down" rather than help the ambassador's team when shots were heard at approximately 9:40 p.m. in Benghazi on Sept. 11.

Former Navy SEAL Tyrone Woods was part of a small team who was at the CIA annex about a mile from the U.S. consulate where Ambassador Chris Stevens and his team came under attack. When he and others heard the shots fired, they informed their higher-ups at the annex to tell them what they were hearing and requested permission to go to the consulate and help out. They were told to "stand down," according to sources familiar with the exchange. Soon after, they were again told to "stand down."

Woods and at least two others ignored those orders and made their way to the consulate which at that point was on fire. Shots were exchanged. The rescue team from the CIA annex evacuated those who remained at the consulate and Sean Smith, who had been killed in the initial attack. They could not find the ambassador and returned to the CIA annex at about midnight.

At that point, they called again for military support and help because they were taking fire at the CIA safe house, or annex. The request was denied. There were no communications problems at the annex, according those present at the compound. The team was in constant radio contact with their headquarters. In fact, at least one member of the team was on the roof of the annex manning a heavy machine gun when mortars were fired at the CIA compound. The security officer had a laser on the target that was firing and repeatedly requested back-up support from a Spectre gunship, which is commonly used by U.S. Special Operations forces to provide support to Special Operations teams on the ground involved in intense firefights.

The fighting at the CIA annex went on for more than four hours -- enough time for any planes based in Sigonella Air base, just 480 miles away, to arrive. Fox News has also learned that two separate Tier One Special operations forces were told to wait, among them Delta Force operators.

A Special Operations team, or CIF which stands for Commanders in Extremis Force, operating in Central Europe had been moved to Sigonella, Italy, but they were never told to deploy. In fact, a Pentagon official says there were never any requests to deploy assets from outside the country. A second force that specializes in counterterrorism rescues was on hand at Sigonella, according to senior military and intelligence sources. According to those sources, they could have flown to Benghazi in less than two hours. They were the same distance to Benghazi as those that were sent from Tripoli. Spectre gunships are commonly used by the Special Operations community to provide close air support.

According to sources on the ground during the attack, the special operator on the roof of the CIA annex had visual contact and a laser pointing at the Libyan mortar team that was targeting the CIA annex. The operators were calling in coordinates of where the Libyan forces were firing from.


"Defense Secretary" Leon Panetta told reporters at the Pentagon on Thursday that there was not a clear enough picture of what was occurring on the ground in Benghazi to send help.

(Comrad panetta lied for the liar obama. The seal had a laser pointing at the libyan motar team and he was asking for help, but panetta and obama denied him any help. The navy seal was in fact asking friends of our enemies for help. Panetta,clinton and obama are all traitors and should be removed from office and tried for treason now!)Story Reports)