Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Rubio presses to repeal Obamacare provision allowing insurance industry 'bailout'
The Washington Examiner ^ | 11/15/13 | David M. Drucker

Posted on 11/17/2013 9:25:09 AM PST by Be Careful

Obamacare includes a provision that allows the federal government to funnel taxpayer dollars to insurers that face the prospect of losing too much money under the new health care law, and conservative critics want to repeal it.

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


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS:

1 posted on 11/17/2013 9:25:09 AM PST by Be Careful
[ Post Reply | Private Reply | View Replies]

To: Be Careful

I have no idea what these guys are smoking back there...

The GOPe seemed to want Obamacare to run it’s course, fail, and then be cast aside.

Now the idiots are doing everything they can to ease the pain, make Obamacare less destructive, and more workable.

What the hell?

It’s as if they’ve turned into Obama’s Cheer-leading squad.

“Oh, it’s so bad. It’s hurting people. We can’t have that. Let’s bail Obama out. Pleeeeeeeese!”

Idiots!


2 posted on 11/17/2013 9:31:06 AM PST by DoughtyOne (Obama, the Democrat Party, the Left in the U. S., have essentially become the 4th Reich.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Be Careful

REPEAL THE WHOLE ENCHILADA! Instead of this nickel-and-dime crap.


3 posted on 11/17/2013 9:36:19 AM PST by Extremely Extreme Extremist (Governor Sarah Heath Palin for President of the United States in 2016)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Be Careful

Sooo stupid. You pass a law making them EXEMPT from Obamacare regs-—that’s how you save them money and save us money without a bailout.


4 posted on 11/17/2013 9:36:47 AM PST by LS ('Castles made of sand, fall in the sea . . . eventually.' Hendrix)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Be Careful
The headline is edited from the source. He's actually trying to repeal the provision that would allow a bailout of the insurance companies.
5 posted on 11/17/2013 9:37:49 AM PST by clintonh8r (Don't twerk me, Bro!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Be Careful

No, no subsidy.

Just stop messing with them. Business needs legal clarity and legal certainty. Economic uncertainty is normal life for a business but legal uncertainty is death. Legal uncertainty creates an oligarchy, and a two-tiered society: those who have an “in” with the powers-that-be, and those who don’t.


6 posted on 11/17/2013 9:39:49 AM PST by marron
[ Post Reply | Private Reply | To 1 | View Replies]

To: Be Careful

Rubio wants to repeal the part of Obamacare that rewards insurance companies for dropping their customers and forcing them to buy exchange policies, and this is a bad thing? This another poison pill.


7 posted on 11/17/2013 9:40:26 AM PST by Mike Darancette (Do The Math)
[ Post Reply | Private Reply | To 1 | View Replies]

To: clintonh8r

Barry and the ‘RATS just “spreading” OUR wealth around among the insurance companies. What a deal.


8 posted on 11/17/2013 9:41:23 AM PST by FlingWingFlyer (Repeal ObamaScam NOW!!!)
[ Post Reply | Private Reply | To 5 | View Replies]

To: clintonh8r

ooops....I mis-edited the title....there were too many characters.....but the point is that this article explains McConnell/McCain/Graham/US Chamber or Commerce/Wall Street’s motivations to throw the middle class and small business out the window.......the big money talks here, in the form of the insurance companies.


9 posted on 11/17/2013 9:43:26 AM PST by Be Careful
[ Post Reply | Private Reply | To 5 | View Replies]

To: Be Careful
Rubio presses to repeal Obamacare provision allowing insurance industry 'bailout'

"Rubio's bill will fully repeal the 'risk corridor' provision in Obamacare, preventing a taxpayer bailout."
10 posted on 11/17/2013 9:49:06 AM PST by onyx (Please Support Free Republic - Donate Monthly! If you want on Sarah Palin's Ping List, Let Me know!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Be Careful
All these policies that failed the criteria were supposed to be signups...If that isn't going to happen....it's going to send a big bill to us.

The next thing we will hear is....We've decided to simply add another deduction to your payroll to pay for this in an equitable manner...and you can do whatever you want with your insurance.

11 posted on 11/17/2013 9:50:03 AM PST by Sacajaweau
[ Post Reply | Private Reply | To 1 | View Replies]

To: Be Careful

I’ve been saying this for weeks...nice to see it get some play from Rubio.


12 posted on 11/17/2013 9:50:27 AM PST by Mouton (The insurrection laws perpetuate what we have for a government now.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: DoughtyOne

It’s all posturing at this point because we know Obama would veto any changes that actually were substantial and did something. I’d like to see someone propose a bill to allow any state to choose to be exempt from Obamacare entirely.


13 posted on 11/17/2013 9:53:22 AM PST by JediJones (The #1 Must-see Filibuster of the Year: TEXAS TED AND THE CONSERVATIVE CRUZ-ADE)
[ Post Reply | Private Reply | To 2 | View Replies]

To: onyx

Thanks-——bummer that I slightly mis-edited and once an article is posted, you can’t go back and correct anything.

Oh, the power of one small word!


14 posted on 11/17/2013 9:53:38 AM PST by Be Careful
[ Post Reply | Private Reply | To 10 | View Replies]

To: Be Careful

Yeah. LOL.


15 posted on 11/17/2013 10:00:12 AM PST by onyx (Please Support Free Republic - Donate Monthly! If you want on Sarah Palin's Ping List, Let Me know!)
[ Post Reply | Private Reply | To 14 | View Replies]

To: JediJones

If no other relief is in sight...


16 posted on 11/17/2013 10:07:58 AM PST by DoughtyOne (Obama, the Democrat Party, the Left in the U. S., have essentially become the 4th Reich.)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Be Careful

there was a thread the other day and nobody could figure out why the insurers were working with obumbler. Now we know.


17 posted on 11/17/2013 10:29:32 AM PST by wiggen (The teacher card. When the racism card just won't work.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Be Careful

Rubio presses to repeal Obamacare provision allowing insurance industry 'bailout'

Obamacare includes a provision that allows the federal government to funnel taxpayer dollars to insurers that face the prospect of losing too much money under the new health care law, and conservative critics want to repeal it.

Sen. Marco Rubio, R-Fla., said the provision could amount to a bailout of the insurance industry, which stands to lose if the troubled Obamacare exchanges fail to enroll enough people to make the system financially viable. Obamacare enrollment has already been stymied by glitches at the healthcare.gov sign-up site and it could be dampened again under an administrative fix President Obama proposed this week to resolve problems with millions of cancelled policies.


18 posted on 11/17/2013 10:42:48 AM PST by Bratch
[ Post Reply | Private Reply | To 1 | View Replies]

To: clintonh8r

“Too big to fail” is in no way a justification for a bailout. If an entity (bank, insurance company, manufacturer, retail outlet or whatever) is “too big to fail”, the commercial operations of the financial world will be brought to bear. If THEY cannot make a determination that the enterprise is so hopelessly flawed it cannot be redeemed without a massive infusion of cash, those who have access to the coffers of the Federal (or “Feral”) government certainly do not have the expertise to make a judgment call.

Almost all those corporations and banking institutions that were given the “bailout” in 2008, and at various intervals between, would have passed through the reorganization they so desperately needed (and perhaps still need), and would have emerged a cleaner and leaner organization than when they went into bankruptcy proceedings. It is like putting a morbidly obese patient with impending heart failure, a cerebral stroke, diabetes, and spinal meningitis simultaneously on life support, and taking no corrective action at all. The entity becomes a zombie and the inevitable is only delayed.


19 posted on 11/17/2013 10:53:15 AM PST by alloysteel (Men may not always be capable of evil, but they are always capable of incompetence.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: DoughtyOne
The whole thing with the RINOs wanting to end Obamacare rises to the Obama level of deceit. They want it for the campaign issue, but they're paymasters in the insurance company have found ways to profit from it.

That was totally obvious during the panic attack the RINOs exhibited during Cruz's 21 hours.

20 posted on 11/17/2013 10:58:39 AM PST by grania
[ Post Reply | Private Reply | To 2 | View Replies]

To: DoughtyOne

Actually this is a pretty good idea. It’ll keep the insurance companies from cutting secret deals with Obama.


21 posted on 11/17/2013 10:59:25 AM PST by Mamzelle
[ Post Reply | Private Reply | To 2 | View Replies]

To: Be Careful

Now they are going to be fighting over who gets credit for bailing out the insurance companies after this debacle.


22 posted on 11/17/2013 11:04:55 AM PST by Right Wing Assault (What happened to my tagline??)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Be Careful

My cynicism compels me to wonder how many Health Insurance conglomerates are actually owned and run by organized crime syndicates (the mob). I would bet a kick back in all of this obozocare billions goes for the crooks in DC who are trying to keep it afloat. Plugs said it himself; this is a big effing deal. And if any establishment A hole in DC was out to screw the American people, Plugs would be the first in a very long line.


23 posted on 11/17/2013 11:52:12 AM PST by drypowder
[ Post Reply | Private Reply | To 1 | View Replies]

To: Be Careful

Republicans have to stop dancing around the fringes of the ObamaCare failure with these proposals of fix, modify or delay. The only message is defund and repeal, defund and repeal.


24 posted on 11/17/2013 11:54:27 AM PST by RicocheT (Where neither their property nor their honor is touched, most men live content, Niccolo Machiavelli)
[ Post Reply | Private Reply | To 1 | View Replies]

To: DoughtyOne

? What are you talking about, DO? My reading is that Obama is ABOUT to bail out the insurance companies by giving them taxpayer money to “renew” those popular plans for one year.

Rubio wants to STOP that from happening-—NO taxpayer money for Obamacare. That is a GOOD idea.


25 posted on 11/17/2013 12:11:33 PM PST by SoFloFreeper
[ Post Reply | Private Reply | To 2 | View Replies]

To: Be Careful
36 Times Obama Said You Could Keep Your Health Care Plan (You Tube Proof)
26 posted on 11/17/2013 12:11:42 PM PST by SoFloFreeper
[ Post Reply | Private Reply | To 1 | View Replies]

To: SoFloFreeper

I think you have a valid beef with my comments. I actually thought this was more of the same thing Congress tried to do last week.

His objection is reasoned, and I was off base.

Thanks for mentioning it.


27 posted on 11/17/2013 12:27:20 PM PST by DoughtyOne (Obama, the Democrat Party, the Left in the U. S., have essentially become the 4th Reich.)
[ Post Reply | Private Reply | To 25 | View Replies]

To: Be Careful

To prevent duplication, please do not alter the published headline, thx.


28 posted on 11/17/2013 12:38:37 PM PST by Sidebar Moderator
[ Post Reply | Private Reply | To 1 | View Replies]

To: RicocheT
Republicans have to stop dancing around the fringes of the ObamaCare failure

In this case Rubio wants protection for the taxpayer so Obama can't raid us for a bailout.

I don't call that dancing. I call that blocking Obama.

29 posted on 11/17/2013 1:06:13 PM PST by what's up
[ Post Reply | Private Reply | To 24 | View Replies]

To: drypowder

“organized crime syndicates”. or as known today, “unions”.


30 posted on 11/17/2013 1:56:13 PM PST by goodtomato (I'm really, really blessed!)
[ Post Reply | Private Reply | To 23 | View Replies]

To: Sidebar Moderator

HI-—thanks-—will do———even the original title had too many characters, tho


31 posted on 11/17/2013 3:31:38 PM PST by Be Careful
[ Post Reply | Private Reply | To 28 | View Replies]

To: Be Careful
"Provisional" repeal?

Just end the whole darned thing already!

Republicans have provisional testosterone, if you ask me...

-PJ

32 posted on 11/17/2013 3:33:12 PM PST by Political Junkie Too (If you are the Posterity of We the People, then you are a Natural Born Citizen.)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson