The lame-duck administration is poised to bail out Obamacare’s risk-corridor program by illegally using taxpayer funds.
Aetna will reduce its involvement in Obamacare exchanges. The program is drawing a disproportionate number of enrollees who have high medical bills.
Aetna announces that it may reduce its participation in Obamacare exchanges and argues instead for direct government subsidy of insurance companies.
Obama would like nothing more than to ignore explicit congressional restrictions and bail out its Obamacare partners-in-crime, Big Insurance.
A court ruling establishes that the administration cannot pay out Obamacare subsidies for which Congress has not appropriated funds.