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Obamacare Bailout Planned for Insurance Companies
Conservative Byte ^ | January 13, 2014 | Staff

Posted on 01/13/2014 2:51:37 PM PST by yoe

How about a bailout for the American people from ObamaCare? Check it out:

Robert Laszewski—a prominent consultant to ( health insurance companies)—recently wrote in a remarkably candid blog post that, while Obamacare is almost certain to cause insurance costs to skyrocket even higher than it already has, “insurers won’t be losing a lot of sleep over it.” How can this be? Because insurance companies won’t bear the cost of their own losses—at least not more than about a quarter of them. The other three-quarters will be borne by American taxpayers.

For some reason, President Obama hasn’t talked about this particular feature of his signature legislation. Indeed, it’s bad enough that Obamacare is projected by the Congressional Budget Office to funnel $1,071,000,000,000.00 (that’s $1.071 trillion) over the next decade (2014 to 2023) from American taxpayers, through Washington, to health insurance companies. It’s even worse that Obamacare is trying to coerce Americans into buying those same insurers’ product (although there are escape routes). It’s almost unbelievable that it will also subsidize those same insurers’ losses.

(Continue reading at the Weekly Standard)

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


TOPICS: Crime/Corruption; Front Page News; Government
KEYWORDS: abortion; deathpanels; obamacare; zerocare
(Sebelius, Congress should take ObamaCare bailout off the table)

"Obamacare is projected by the Congressional Budget Office to funnel $1,071,000,000,000.00 (that’s $1.071 trillion) over the next decade" Did Obama blackmail the Insurance Companies or did they agree to dump their clients for The Bailout

Call your congress person and demand Obamacare and all the Obamacare parts be repealed....No More Funding of this stupid Community Organizing slaughter of America's once superb Medical and Research programs. Call your Elected to stop the mangling NOW!

1 posted on 01/13/2014 2:51:37 PM PST by yoe
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To: yoe

Fascism.

The government CONTROLS the means of production.

In essence, industry joins with government to create tyranny at the expense of the citizenry.


2 posted on 01/13/2014 2:54:02 PM PST by LucianOfSamasota (Tanstaafl - its not just for breakfast anymore...)
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To: yoe

I give us no later than 2015 until this house of cards comes crashing down on us.

He wants equality, he’ll have it. We’ll all be equal in our abject poverty!


3 posted on 01/13/2014 3:01:33 PM PST by Carbonsteel
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To: yoe

I don’t buy health insurance. It’s too expensive. I don’t have a Ferrari either. Same reason. Interestingly, health care really isn’t very expensive. Why bother with insurance.


4 posted on 01/13/2014 3:02:22 PM PST by cuban leaf
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To: Carbonsteel

I give us no later than 2015 until this house of cards comes crashing down on us.

He wants equality, he’ll have it. We’ll all be equal in our abject poverty!


What’s happening to our country really does remind me a lot of the fallout from the russian revolution. It just didn’t happen with a “hot” revolution this time. It’s looking to be almost as ugly in the end.


5 posted on 01/13/2014 3:03:38 PM PST by cuban leaf
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To: cuban leaf

It will be worse in the end. You’re going to have a black/hispanic/muslim majority that will be seeking whitey and American blood for all the injustice.


6 posted on 01/13/2014 3:06:42 PM PST by FreedomStar3028 (Evil must be punished.)
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To: yoe


7 posted on 01/13/2014 3:08:21 PM PST by Iron Munro (Orwell: There are some ideas so absurd that only an intellectual could believe them.)
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To: yoe

If anyone other than boehner was Speaker then I would say only if obama writes a personal check... but the orange drunk will give his lord and master whatever the demon wants.


8 posted on 01/13/2014 3:10:15 PM PST by LibLieSlayer (FROM MY COLD, DEAD HANDS! BETTER DEAD THAN RED!)
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To: cuban leaf
"What’s happening to our country really does remind me a lot of the fallout from the russian revolution. It just didn’t happen with a “hot” revolution this time. It’s looking to be almost as ugly in the end."

The same bunch behind the Bolshevik Revolution are pulling the strings today as well!

9 posted on 01/13/2014 3:11:07 PM PST by Carbonsteel
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To: FreedomStar3028
You’re going to have a black/hispanic/muslim majority that will be seeking whitey and American blood for all the injustice.

It had better be a LARGE majority. None of the three groups has a history of winning stand up fights.

10 posted on 01/13/2014 3:11:20 PM PST by LucianOfSamasota (Tanstaafl - its not just for breakfast anymore...)
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To: LucianOfSamasota

They seem to be doing pretty well since 2008....


11 posted on 01/13/2014 3:12:47 PM PST by nascarnation (I'm hiring Jack Palladino to investigate Baraq's golf scores.)
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To: yoe

If the GOP allows this, no one can call themselves a conservative and support them any longer. The Rinos promised they would “let it implode” not prop it up.

Don’t believe them if they say it’s in the ACA and must occur. No prior Congress can bind another.

Let the cronies crash.

If so, the GOP is blamed for ruining health care and Hillary runs on single payer. This country gets “what is wants and gets it hard.”


12 posted on 01/13/2014 3:22:23 PM PST by ReaganGeneration2
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To: yoe

Bailouts = single payer.

Hope you all have a friend on the local Death Panel (coming up)...


13 posted on 01/13/2014 3:29:02 PM PST by 4Liberty (Mr President 'If you Like your college transcripts...can we see them?')
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To: LibLieSlayer

It’s the law of the land. - Boner


14 posted on 01/13/2014 4:45:21 PM PST by VerySadAmerican (".....Barrack, and the horse Mohammed rode in on.")
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To: yoe

What is the GRAND TOTAL of this entire fiasco to date I wonder.


15 posted on 01/13/2014 5:17:58 PM PST by mowowie
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To: VerySadAmerican

Yeah... so are our immigration laws... they refuse to enforce those... boehner... pos, orange, drunk, progressive demon. He smokes a lot of choom with his rasta sil.


16 posted on 01/14/2014 4:06:38 AM PST by LibLieSlayer (FROM MY COLD, DEAD HANDS! BETTER DEAD THAN RED!)
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To: All

"I'm honored to introduce our Commander in Chief:
The office of president represents the inner soul of the
people. On Nov 2008, the plain folks of this land reached their
heart's desire. At long last, they voted to adorn the White House
with a downright moron.' ”

17 posted on 01/16/2014 4:57:32 AM PST by Liz
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To: All

"Those Democrats leering over my shoulder owe me bigtime. This
healthcare bill insures we have a permanent Democratic majority."

" All except those Tea Party types, swallowed hook, line and sinker my promises that they could:
(1) keep their existing health plans,
(2) keep their own doctors that they like,
(3) keep their 25-year-olds on the family health plan,
(4) never be denied coverage for a pre-existing condition,
(5) sign up instantly on my tech-savvy government Web site,
(6) buy insurance only after becoming seriously ill."
(7) save $2,500 in annual premiums in the bargain....
(8) All without any new taxes."

"Them sonovagun Tea Partiers will rue the day they criticized my wonderful bill."

18 posted on 01/16/2014 4:59:22 AM PST by Liz
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