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Now we find out what’s in it: Obamacare’s taxpayer bailout for health insurers
Conservative Intel ^ | 10/26/13 | David Freddoso

Posted on 10/26/2013 9:06:48 AM PDT by The Old Hoosier

The short version? Obamacare contains a partial bailout for insurers with losses greater than 3 percent in any of the first three years...

(Excerpt) Read more at conservativeintel.com ...


TOPICS: Government
KEYWORDS: abortion; aca; bailouts; bhohealthcare; deathpanels; healthinsurance; insurancecompanies; obamacare; obamacaredefrauds; obamacarelies; zerocare

1 posted on 10/26/2013 9:06:48 AM PDT by The Old Hoosier
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To: The Old Hoosier

This turkey has more stuffing than any Christmas Turkey I have ever had.


2 posted on 10/26/2013 9:10:16 AM PDT by Venturer (Keep Obama and you aint seen nothing yet.)
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To: The Old Hoosier

WHAT!!!


3 posted on 10/26/2013 9:10:25 AM PDT by McGavin999
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To: The Old Hoosier

However, when the program goes belly-up .. all the insurers will probably go out of business ..??

And .. is that part of the goal .. to sink that horrible insurance industry ..??

And .. how many hundreds of thousands of jobs will be lost as a result ..??

O’Care is the dynamite that will blow our economy to smitherines .. exactly what “O” wants.


4 posted on 10/26/2013 9:13:55 AM PDT by The Final Harvest (MY AMERICA: "... I'm terrified it's slipping away.")
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To: The Old Hoosier
Once the system is rendered unsustainable and a single payer government plan is created all the money paid in by people will become mandatory, probably deducted from paychecks like FICA.

At that point it will be slipped into the congressional playground called the general fund and used for extortion and bribes just like social security.

5 posted on 10/26/2013 9:49:58 AM PDT by Baynative (Give me coffee to change the things I can and wine to accept those that I can't.)
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To: Baynative
probably deducted from paychecks like FICA

Bingo!

6 posted on 10/26/2013 10:30:32 AM PDT by bgill (This reply was mined before it was posted.)
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To: CyberAnt

from what i got out of the article it states that if projections are off from the insurance co.s -3% in the red after all is dispensed ...50% of loss recouped with taxpayer $...if -8%,reaps 80% of loss with tax payer $....scam of the highest order....who’s to stop insurers from fudging #s just likw washington does so they can pull free money to the firm?


7 posted on 10/26/2013 10:51:47 AM PDT by mythenjoseph
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To: The Old Hoosier

“...it won’t go over well with the people.”

Big deal, right? Obama will make a speech, lots and lots of speeches. Nanny Pelosi will tell us to take a chill pill, and wait to understand the rest of it. The media will accept the regimes call to arms, and the people will be screwed again.


8 posted on 10/26/2013 10:53:06 AM PDT by pallis
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To: The Old Hoosier

Corporate Welfare


9 posted on 10/26/2013 10:53:10 AM PDT by GeronL
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To: The Old Hoosier

No wonder the insurance companies are slavishly licking Obama’s boots. The federal government could be in for quite a liability. Assume that the fed will pay the maximum amount.


10 posted on 10/26/2013 10:59:24 AM PDT by Mike Darancette (Do The Math)
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To: Baynative
Once the system is rendered unsustainable and a single payer government plan is created all the money paid in by people will become mandatory, probably deducted from paychecks like FICA.

At that point it will be slipped into the congressional playground called the general fund and used for extortion and bribes just like social security.

Don't forget the nationalization of pension plans and tax-sheltered savings/retirement plans.

It's the only way to keep the federal giveaway system viable.

11 posted on 10/26/2013 11:05:01 AM PDT by Bratch
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...

Thanks The Old Hoosier.

Here are 123 reasons why hypocrite politicians and unions that support Obamacare want exemptions...
wordpress | October 25, 2013 | Dan from Squirrel Hill
Posted on 10/25/2013 12:51:11 AM PDT by grundle
http://www.freerepublic.com/focus/bloggers/3083397/posts


12 posted on 10/26/2013 3:53:20 PM PDT by SunkenCiv (http://www.freerepublic.com/~mestamachine/)
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To: The Old Hoosier

Bump


13 posted on 10/27/2013 5:37:12 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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