Wednesday, December 04, 2013

Let’s estimate how much is owed to the insurance companies since Healthcare.gov can’t compile that information

This is Reuters, not Fox, for all of you who are checking my sources. I found out about this from Fox though, as the news was quietly released by Reuters around 8 PM last night.

"Health plans will estimate how much they are owed, and submit that estimate to the government. Once the system is built, the government and insurers can reconcile the payments made with the plan data to "true up" payments, he said."

That's right. Your federal government is going to send your tax dollars to insurance companies based on their ESTIMATES of how much they are owed.

I love that phrase "once the system is built". Really? They created a health care plan with no provision for payments?

From Dr. Anna Loska Meenan

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