Blue Cross Blue Shield: If Republicans kill a bailout for insurers, it’ll lead to single-payer

Hotair ^ | 01/11/2014 | AllahPundit

[HiTech RedNeck]

And THEY lived in la-la land.

Well guess what, the USA is not some magic cash cow! It operates by capitalist principles!

Unless we have the capability of independently rewriting formerly-evolved insurance law from scratch, and I don’t think so at this scale, the Blues are going to have to be part of the solution. Because if they do not cooperate, they will surely be singing the blues.

[txrefugee]

Boo-hoo. Put all these traitors out of business. They and Big Pharma crawled in bed with the Democrat dogs and now they have fleas.

You can’t tell me that doctors and hospital administrators aren’t bright enough to find a Plan B to keep from being government lackeys, practicing ObamaCare without a peep.

[Pollster1]

One bolded talking point, “use with appropriate audiences only,” charges that “eliminating these programs will result in massive premium increases and could cause private insurers to become insolvent.” In Serota’s email, however, this point is intended for Democrats only.

That won't work with decent people, only democrats. As a productive person, I would be happy to see those including Blue Cross who tried to benefit from crony capitalism pay the price of their corruption. I have no sympathy for any company that dies of stupidity while trying to rip me off.

[FredZarguna]

Completely wrong. Big Insurance companies were up to their eyeballs behind the scenes in helping congressional staff write 0bamacare, which they saw as an enormous windfall for them:

• Guaranteed Employer participation.
• Guaranteed Self-employment participation.
• Administrative fees in some parts of existing government programs they don't even operate.
• Extra cost coverage required for people who could not even get certain conditions as mandatory part of all coverage
• A bailout by taxpayers if they couldn't make a profit, even after all that.

Just as Sarbanes-Oxley was written by Big Corporate for Big Corporate, just as Dodd-Frank was witten by Big Banksters for Big Banksters, 0bamacase was written by Big Insurance, and Big Insurance was intended to be the beneficiary.

This isn't a "discussion:" it's a war plan for their lobbyists to make sure the law they wrote gets enforced the way they intended it.

[tanknetter]

How convinient for Blue Cross Blue Shield to blame it all on the Republicans

IIRC, BCBS is the largest health insurance provider to Federal employees.

If Issa had any balls he'd haul the BCBC management team in front of his committee, put them under oath, and order them to - under penalty of perjury and contempt of Congress - reveal any discussions they may have had with the White House or Democrats on the matter.

Then subpoena the living hell out of them for visitor logs, emails, phone records, etc.

[Steely Tom]

They know the opposition well. They know the Republicans are led by a bunch of cowardly inarticulate backbiting boobs who are pretty much totally focused on lining their pockets, getting even with their personal enemies (99% of whom are also Republicans), and getting positive mentions in the MSM. Which never happens.

For a private company to threaten the Democrats as a party, and name them as a party, would be suicidal.

But BC/BS knows perfectly well that they need fear no reprisals from thr Republicans.

[Uncle Chip]

Bend over taxpayers — here it comes

[GeronL]

non-stop insurer bailouts is single-payer!!

[cableguymn]

you are correct. however, I don’t think we will have to wait till 2017.

[Pox]

What a joke. The insurance companies will be reaping incredible profits from this obamacare scam and they know it. Forcing us to pay absurd premiums along with deductibles that mean probably less than 1 percent of those covered will even need contributions from the insurers to pay their medical expenses.

Of course, if relatively few people sign up to begin with, they won't be as profitable as they eventually will be, but to tide them over until full participation kicks in, they need a bailout. Unbelievable.

Of course, if we move to a one payer system due to the exorbitant fees of this law, the poor insurance companies will want their bailout then as well. Unbelievable.

They're just pissed because their scam isn't going as well as they predicted.

[iontheball]

Actually, it was the decision by big insurance carriers like Blue Cross to collude with the Obama Administration (i.e. the destroyers of business) which will lead to single payer (i.e. the destruction of big insurance companies).

Idiots.
_____________________________________________________
The insurance industry let greed get the best of them. They made a calculated decision to collude with the devil, thinking they would reap huge profits with a swollen base of new members. Yuri Bezmonov had a name for these stupid enablers “Useful Idiots.” When the Communist get what they want or need from the useful idiots, they throw them under the bus. That is why it is hard to feel sorry for the money grubbing fools. However, what needs to be done is immediately kill or scrap Obamacare and put the free market to work to quickly rebuild a private insurance industry.

[griswold3]

Insurance Companies were made GSE’s by ObamaCare.

[MrEdd]

Unless of course, they don’t survive a civil war. In which case they won’t.

Antonio Gramsci’s theories utterly require that armed opposition not arise early and with serious resolve. If that happens it has no counter. His thinking lacked the depth of Bismark and Von Clausewitz.

[al_c]

Perhaps the insurance industry should have thought about that when they were cheerleading for Zerocare.

They weren't. I worked for one of the biggest Blues while this debacle was being pushed through DC and they fought against it tooth and nail. While there, I also sat on on doctor/board meetings. No one ... doctor or insurer ... wanted this thing passed.

[stormhill]

I can’t type anymore ...it would just be a string of expletives....

I wouldn't trust myself to express my thoughts on the matter.
Ultimately I blame the people. Since 2007 it's been frustrating trying to open anyone's eyes who would even listen to the true nature of this guy. You didn't need to be a Nobel scholar in history to figure out where this thing was going.

[al_c]

Wrong. See my previous post.

[MrEdd]

Anyone who is only willing to rely on the ballot box is are not made of the same stuff as the founders. Freedom has a price that must be paid, and those who will not pay it do not deserve it anyway.

[arthurus]

Everything will lead to single payer unless Congress kills the whole socialist enterprise, and then unless the kenyan doesn’t simply ignore Congress and do what he means to do.

[Hoodat]

Well we got a prodigal son here now.

The big difference here is that the prodigal son repented. Contrast that with the insurance companies who having squandered their inheritance are returning home to demand more of their father's money.

[arthurus]

The wonderful thing about making everything Medicaid is it eliminates Inheritance. The government seizes everyone’s estate at death to “repay” Medicaid expenses.