It's not a bailout of Obamacare. It's a reversal back to how things were BEFORE Obamacare.
The Dems are scared that this will cut the ground out from under Obamacare. Good reason to support the legislation.
No, it is NOT a reversal to how things were before Obamacare.
It would be a halfway state of idiotic confusion.
His bill makes about as much sense as teats on a bull.
Please see post 6. It was explained better there than I could do in the time I have.
I don't know that I necessarily agree. As the Law still contains the provision that the Insurance Industry pool having a cost over run of over 103% is going to be paid back by the HHS in an administrative function of the law itself, we can expect the debacle in pricing this roll back to now be paid for by the tax payer.
As the law already has this provision set up, it won't take an extra appropration, IMHO. HHS will just give the insurance industry billions to pay for the Democrats over promising what they never intended to provide.
This huge cost will then be attached to Republican Upton's bill and we will share the blame.
So if this thing causes a ten percet over-run of the trillion in insurance it a a hundred billion hit to our spending.