ObamaCare’s ‘Reinsurance Program’ Runs Out of Money

Greg Scandlen The Heartland Institute 1/19/2012

On January 1 yet another ObamaCare provision crashed and burned: the “Early Retiree Reinsurance Program” (ERRP), a $5 billion giveaway to unions, state and municipal governments, and corporations.

The idea was to encourage such entities to continue health benefits for early retirees (ages 55-64) until the wonders of ObamaCare […]

Washington Post, CBS receiving money from Obamacare slush fund

Matthew Boyle The Daily Caller 4/6/2011

Two mainstream news organizations are receiving hundreds of thousands of taxpayer dollars from Obamacare’s Early Retiree Reinsurance Program (ERRP) — a $5 billion grant program that’s doling out cash to companies, states and labor unions in what the Obama administration considers an effort to pay for health insurance for […]

Uncovered: New $2 billion bailout in Obamacare

Byron York Washington Examiner 3/31/2011

Investigators for the House Energy and Commerce Committee have discovered that a little-known provision in the national health care law has allowed the federal government to pay nearly $2 billion to unions, state public employee systems, and big corporations to subsidize health coverage costs for early retirees. At the current […]

‘ObamaCare’ landed NJ insurance fund $39M

Herb Jackson The Record NorthJersey.com 3/14/2011

New Jersey’s beleaguered public worker health insurance fund got a nearly $39 million cash injection last year from a piece of the controversial federal health insurance law that Governor Christie derides as “Obamacare.”

Christie’s administration aggressively pursued the funding, a Treasury Department spokesman said, and is seeking payment for […]