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Hundreds of Millions of Taxpayer Dollars Directed to Ineligible New York Co-Op

A new insurance entity created under the auspices of President Obama’s health care law may have been allocated millions of taxpayer dollars it was not qualified to receive. At issue is the New York-based Freelancers Insurance Company (FIC), a company founded by a former associate of Obama, which received a $340 million federal tax-free loan in 2012. FIC is a for-profit insurance company that provides health insurance for members of the nonprofit Freelancers Union. Both enterprises were founded...

Have Patience With the Obamacare Train Wreck

Senate Majority Leader Harry Reid is listening to his Democratic colleagues, and what he's hearing are loud concerns about the implementation of Obamacare. Reid's answer? We need more money to implement it: Senate Majority Leader Harry Reid (D-Nev.) says he shares colleagues’ concerns that the Affordable Care Act could become a “train wreck” if it’s not implemented properly. Reid warned that people will not be able to choose health insurance plans on government health exchanges if federal...

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