Judge Nap: How Admin Could Prevent UnitedHealth From Quitting ObamaCare
UnitedHealth, the nation’s largest health insurer, announced Tuesday that it plans to remove its offerings from almost all ObamaCare insurance exchanges by 2017.
UnitedHealth CEO Stephen Hemsley said the company is losing hundreds of millions from the exchanges, which are state-by-state marketplaces that allow Americans to compare and sign up for now-mandated health insurance coverage.
On "Varney & Co." today, Judge Andrew Napolitano shared insight on what the Obama administration could do to keep UnitedHealth in the ObamaCare business.
Judge Napolitano said that courts should not second-guess the business judgments of business organizations, but that's not the current environment in the country.
"The government thinks it can go to a judge and get an order from the judge forcing people to work for the government," he said, likening this to the litigation the FBI began against Apple to help hack the iPhone of one of the San Bernardino terrorists.
Judge Napolitano said that if the government attempts to make that argument against UnitedHealth, he hopes it is "profoundly rejected" by the courts.
The judge pointed out that there is another way the Obama administration could try to keep UnitedHealth under the ObamaCare umbrella.
He explained that there is a provision in the Affordable Care Act that says taxpayer dollars can be given to companies like UnitedHealth to make up their losses.
"It's reprehensible if that should happen," Judge Napolitano stated. "That's the socialized medicine that [Obama] promised would never happen."
Watch more above.