Another reason unions support Obamacare

Katie Packer of the Workforce Fairness Institute seems to have discovered still yet another reason the union are so wildly enthusiastic about Obamacare, even though many unions have gouged employers for extravagant health benefits. They'll get even more money! Kevin Mooney of the Washington Examiner reports Union bosses who have mismanaged benefits for their own members are poised to receive a $10 billion bailout from U.S. taxpayers in the form of a "reinsurance program" that has been folded into the healthcare bill, according to the Workforce Fairness Institute (WFI).This provision should be viewed as part of a larger payback effort the Obama White House and top congressional figures have set up in exchange for the support they have received from organized labor, Katie Packer, executive director of WFI said.Section 164 of the Affordable Health Choices Act of 2009 provides that the government pay 80 cents on the dollar to corporate and union insurance plans for claims...(Read Full Post)