Skip to main content

What Is California Attempting to Hide?

An interesting article on a recently passed law in California came my way today regarding Obamacare secrecy in California.
Please consider California exchange granted secrecy.

A California law that created an agency to oversee national health care reforms granted it broad authority to conceal spending on the contractors that will perform most of its functions, potentially shielding the public from seeing how hundreds of millions of dollars are spent.
The degree of secrecy afforded Covered California appears unique among states attempting to establish their own health insurance exchanges under President Barack Obama's signature health law.
An Associated Press review of the 16 other states that have opted for state-run marketplaces shows the California agency was given powers that are the most restrictive in what information is required to be made public.
It's routine in government to keep bids secret until contracts are awarded, so one vendor does not get an unfair advantage over others. After a bid is awarded, contracts generally become fully public.
In setting up the California exchange, lawmakers gave it the authority to keep all contracts private for a year and the amounts paid secret indefinitely. "Except for the portion of a contract that contains the rates of payment, contracts entered into pursuant to this title shall be open to inspection one year after their effective dates," reads the code specifying what exchange records are exempt from public disclosure

Continue reading here...

http://globaleconomicanalysis.blogspot.com/2013/05/what-is-california-attempting-to-hide.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29

 

This is exactly the type of thing that most of the states are trying to prevent by not accepting the new ObamaCare state run health plans.  The oney poured in to the state will be dished out by government hacks who will not be forced to divulge the bids, nor the process they used to selct the providers.  This new healthcare bill is not about providing healthcare to the masses, it is about controlling the money flow to the providers.

The train is coming!!!

Hillary in 2016?  Why not?  We've already had one "girly man" serving in office for the past 7 years, we might as well give her chance as well!

Original Post

Replies sorted oldest to newest

This sort of manipulation of information shouts fraud and cronyism.  With California's severely weakened state and a complete inability to stop their addiction, this could hasten the state's bankruptcy.  I'm just wondering whether NY, or Cali will go first.  Michigan was going that way, but this year had a surplus,  Still she's saddled with Detroit and a couple of other major cities either bankrupt or headed that way.  The fruits of decades of Democrat rule. 

 

In the future, we will thank the Governor for not allowing a state exchange which would, eventually, force billions of debt upon the state.

"Some prominent health insurers, including industry giant UnitedHealth Group Inc., are not participating in California's new state-run health insurance market, possibly limiting the number of choices for millions of consumers.

UnitedHealth, the nation's largest private insurer, Aetna Inc.and Cigna Corp. are sitting out the first year of Covered California, the state's insurance exchange and a key testing ground nationally for a massive coverage expansion under the federal healthcare law.

Meanwhile, the biggest insurers in the state — Kaiser Permanente, Anthem Blue Cross and Blue Shield of California — are all expected to participate in the state-run market for individual health coverage."

More at: http://www.latimes.com/busines...0523,0,1895918.story

More blowback from Obamacare.  Remember the promise that we would be able to keep the health insurance we had?  Still believe that, and Jon Corzine, another dependable Democrat, has a great investment for you.

 

Add Reply

Post

Untitled Document
×
×
×
×
Link copied to your clipboard.
×