Two comments… first, it is difficult for me to muster much sympathy when so many of the insurers pushed to foist Obamacare on our nation in the first place. Second, have we not learned that you should never trust the government to honor an agreement? Just ask the Native Americans.
Common Ground Healthcare Cooperative expected to receive $45 million in 2015 through a program in the Affordable Care Act to help offset the risk health insurers faced in a new market.
The Wisconsin cooperative instead received $5.7 million.
Common Ground Healthcare, based in Brookfield, now is among more than 100 health insurers who contend that the federal government owes them billions of dollars for reneging on commitments made as part of the Affordable Care Act.
That’s what socialists do…screw you.
That is what makes it “affordable”.
A year ago, Common Ground Health owed the Feds $104 million or so.
Somehow, the JS article forgot to mention that.
Yet Ms. Mahaffey remains CEO. Committing the same error repeatedly, yielding the same poor results, might indicate a course correction is in order. Confirming to the local newspaper and your obviously apathetic board members that you’re a slow learner is also not advisable.
Common Ground Healthcare Cooperative expected to receive $45 million in 2015
So, Obama….
To be somewhat fair to the Obama Administration(s), federal stop-loss funding for insurers was an inducement to initial participation and was never intended to be perpetual. As was the expanded Medicaid funding for state sponsored exchanges. Both aimed at folks believed incapable of reasoned thought and without basic math skills.