This could be a very merry Christmas for Blue Cross and Blue Shield (BCBS) of Texas. The Obama administration wants to stuff its stocking with $257,172,917.34 – at your expense – to compensate the company for losing scads of money last year selling Obamacare policies in the Lone Star State.
That would bring that single company’s total corporate welfare haul for the 2014 plan year to $843.3 million.
That is, unless Congress decides this week to play the Grinch that stole the corporate welfare Christmas.
Read Full Article »