The Washington Free Beacon
7/28/2014
A House Oversight Committee report reveals that the White House actively pursued ways to protect insurance companies after they threatened to raise premiums, according to the National Review.
Senior Adviser Valerie Jarrett intervened when an insurance CEO threatened increasing premiums by up to 20 percent. She assured the CEO that certain provisions in Obamacare would prevent insurance companies from losing money…
The article continues at The Washington Free Beacon.
Update: Valerie Jarrett Personally Soothed Nervous Insurers Who Were Asking For Obamacare Bailout
…Just including the 15 companies the Oversight Committee interviewed, taxpayers could be on the hook for $725 million in 2014. The report concluded that the changes to the program could cost taxpayers $1 billion by the end of the year.
