Did You Know...


Recipient of $341 million Obamacare CO-OP loan runs insurance company with New York's worst record of complaints

By Doug Powers  •  February 23, 2013 03:41 PM

**Written by Doug Powers


About a year ago Michelle wrote a column about the $4 billion slush fund for Obamacare CO-OPs. She mentioned that one of the recipients of a CO-OP loan was a company called Freelancers Union, which was started by Sara Horowitz, a woman Obama has known since his Illinois days back when TOTUS was just a gleam in his eye.

Freelancers Union, which received a $341 million tax free loan from the Obama administration, is a non-profit that owns the for-profit Freelancers Insurance, the latter of which has a dubious distinction:

The New York-based Freelancers Insurance Company has been rated the “worst” insurer for two straight years by state regulators, and data compiled by a national insurance association show an extremely high rate of consumer complaints.

I’ll say this much for the Obama administration… they don’t let little things like past performance of a company or any parent organization cloud the decision-making process when it comes to doling out taxpayer money to pals — much of which will no doubt never be repaid.


**Written by Doug Powers

Twitter @ThePowersThatBe

blog comments powered by Disqus

Obama to Pentagon: Hurry up with an excuse for why I told everybody ISIS was contained when it obviously wasn’t

November 23, 2015 07:49 PM by Doug Powers


Desperately seeking scapegoats

Your tax dollars at work: Planned Parenthood announces $20 million effort to defeat Republicans

November 19, 2015 07:51 AM by Doug Powers


“God bless you” Planned Parenthood

Josh Earnest: The president’s actions say more about what he believes than his words, or something

November 18, 2015 08:00 AM by Doug Powers



Obama’s ‘historic transparency’ pledge seeks refugee status after White House call with US governors

November 17, 2015 10:42 PM by Doug Powers


Need-to-know information that YOU don’t need to know

Categories: Barack Obama, Democrats, GOP, Terrorist attacks

Follow me on Twitter Follow me on Facebook