Do you want the
proof?
Checking just one of
many of my ‘Proof Postings’!
How Marco Rubio is
quietly killing Obamacare
Remember this post?
This is how
republicans fix something or someone that is broken, give them a poison pill!
The Affordable Healthcare Act (Obamacare) is not broken. Floridians and
Snowbird’s visiting with intent to live.
Pay closer attention
to this senator in Washington. Senator Marco Rubio is the congressperson
leading the charge to take your insurance and sending this state back into the
1960’s and beyond! You want proof? Type in and see for yourself. How Marco
Rubio is quietly killing Obamacare
Rubio, by contrast,
didn’t read Dr. Seuss on the Senate floor, but he has quietly pushed Obamacare
into what may prove to be a death spiral. When the Obama administration was
crafting Obamacare, it came up with a crony capitalist solution to entice reluctant
insurers to join the exchanges. Many insurers worried that there would not be
enough healthy people paying in to cover the costs of sick people. So the
administration created a “risk corridor” program to help prop up insurers who
lost money in the first three years of the law. Profitable insurers would pay
some of those profits into a pool to help insurers who lost money. If the
amount insurers lost exceeded what the companies paid in, the government would
step in and make up the difference.
Calling this
“A taxpayer-funded
bailout for insurance companies,”
Rubio last year
quietly inserted language into the omnibus government spending bill that barred
the Department of Health and Human Services from dipping into general funds to
pay failing insurers.
“While the Obama
administration can still administer the risk-corridor program, for one year at
least,
they won’t be able
to use taxpayer funds to bail out insurance companies,”
Rubio said.
His provision
sparked little opposition at the time, but it has proved to be a poison pill
that is killing Obamacare from within.