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A fool and his money…
How does this make sense? Aetna Insurance company inadvertently revealed that it has donated $10 million to two groups, the US Chamber of Commerce and the American Action Network in 2011.
Both groups are actively fighting the Affordable Care Act (aka “Obamacare”.) But the insurance industry LOVES the ACA? Why? Because the individual mandate part of it ensures them a giant pool of money.
Oops.
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This something the Republicans do NOT want you to know
A report from the trustees of the Medicare system this week has created a major kerfuffle in the mediasphere. While Democrats point to the fact that there has been no change in the insolvency date of Medicare from last year’s report, Republicans are spinning it to suggest that President Obama is a failure because he didn’t miraculously solve all the problems in the system in a single year.
Here’s something the Republicans do NOT want you to know, however: Thanks to the Affordable Care Act, taxpayers will save over $200 Billion through 2016.
It’s true (pdf).
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I hate when that happens
Mitt Romney is traveling around the country telling Americans what a complete disaster Obamacare is, the health insurance reform modeled after his own Romneycare back in Massachusetts. He calls it “an unfolding disaster for the American economy, a budget-busting entitlement, and a dramatic new federal intrusion into our lives.”
Meanwhile, back Massachusetts, health insurance rates in the program are actually dropping.
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