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Insurance-Company Bailouts: It's written into Obamacare and needs to be repealed
National Review ^ | 01/14/2014 | The Editors

Posted on 01/14/2014 6:46:11 AM PST by SeekAndFind

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1 posted on 01/14/2014 6:46:11 AM PST by SeekAndFind
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To: SeekAndFind

See tag line.


2 posted on 01/14/2014 6:47:35 AM PST by mongo141 (Revolution ver. 2.0, just a matter of when, not a matter of if!)
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To: SeekAndFind
EVERY Pubbie should be on any media outlet they can get on, screaming about this, 24/7.

Again, where are the Pubbies?


3 posted on 01/14/2014 6:48:41 AM PST by Jane Long (While Marxists continue the fundamental transformation of the USA, progressive RINOs assist!)
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To: SeekAndFind
All those repeals the GOP House did and they ignored this one, and also those employer based (taxpayer) Obamacare subdues that they get.
4 posted on 01/14/2014 6:49:29 AM PST by sickoflibs (Obama : 'If you like your Doctor you can keep him, PERIOD! Don't believe the GOPs warnings')
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To: Jane Long

Playing golf and having drinks with the drunken coward Boehner.


5 posted on 01/14/2014 6:49:56 AM PST by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: Jane Long

Again, where are the Pubbies?

**********
Standing at the money trough with their Democrats colleagues. Insurance companies have bought them all off.


6 posted on 01/14/2014 6:50:14 AM PST by Starboard
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To: SeekAndFind

And...I also read that Insurance Cos (BCBS) are *threatening* that if they don’t get said bail-outs, we (America) will assuredly go to single-payer. POS traitors, all.


7 posted on 01/14/2014 6:51:32 AM PST by Jane Long (While Marxists continue the fundamental transformation of the USA, progressive RINOs assist!)
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To: SeekAndFind

Insurance company bailouts will dwarf the housing meltdown bailouts

BOTH caused by government mucking up the affairs of private businesses


8 posted on 01/14/2014 6:52:33 AM PST by Mr. K (If you like your constitution, you can keep it...Period.)
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To: Jim from C-Town; Starboard
Agree and agree.

Spineless wimps.

9 posted on 01/14/2014 6:52:41 AM PST by Jane Long (While Marxists continue the fundamental transformation of the USA, progressive RINOs assist!)
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To: Jane Long

RE: Again, where are the Pubbies?

Too busy fighting each other.


10 posted on 01/14/2014 6:54:23 AM PST by SeekAndFind
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To: SeekAndFind

Changing the law after the implementation to the detriment of one important section of the economy is like moving the goal posts.

Consider the implications and unintended consequences. Private insurors will withdraw from the market to save themselves and we will be left with the Left’s fondest goal—the single payor system where the government controls all.


11 posted on 01/14/2014 6:57:06 AM PST by wildbill
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To: SeekAndFind

The fix is in for the insurance companies. If you want to play this in the market consider the exchange traded fund IHF, which seeks to track the investment results of the Dow Jones U.S. Select Health Care Providers Index. It’s no surprise that this ETF has done quite well over the past five years.

http://finance.yahoo.com/q/bc?s=IHF&t=5y&l=on&z=l&q=l&c=

I wonder how many of our elected representatives have invested in this fund? They knew full well that there would be “subsidies” for the insurers. Your government “at work”.


12 posted on 01/14/2014 6:59:51 AM PST by Starboard
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To: SeekAndFind

It doesn’t seem like it would be very hard to get popular support on both sides of the aisle for repeal. Lefties hate Big Ins.

It won’t happen, though. The insurers would drop out of the exchanges without the safety net.


13 posted on 01/14/2014 7:00:30 AM PST by ToastedHead
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To: Jane Long

See my post #12 and click on the link.

Regards.


14 posted on 01/14/2014 7:01:00 AM PST by Starboard
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To: Cincinatus' Wife

Over here! This is where the action is!


15 posted on 01/14/2014 7:01:42 AM PST by Black Agnes
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To: SeekAndFind

How any intelligent and principled individual could approve of this is beyond me... that‘s why NANCY and HARRY didn’t want anyone to actually READ the thing!

America will have to hold its nose into perpetuity unless this is repealed.

The next Conservative Presidential nominee MUST run on this issue...if on no other.

As a matter of fact... running on THIS issue alone would guarantee him/her the WH!

“O’care” is a running sore and THE, Liberal economic weapon designed to hobble this country forever and will reduce all Americans to the eternal status of serfs who may expect nothing but penury.

Nancy and Harry have maliciously forfeited the futures, fortunes and lives of working Americans just to further their OWN personal, immediate and very material benefit.


16 posted on 01/14/2014 7:03:51 AM PST by SMARTY ("When you blame others, you give up your power to change." Robert Anthony)
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To: ToastedHead

It doesn’t seem like it would be very hard to get popular support on both sides of the aisle for repeal.

*********
Repeal actually seems less likely now that 2+ million have “enrolled” (whatever that means). If another million or two sign up, at that point how do you unwind this program? The resulting mess would be total chaos having to take people out of the so-called system. This is what the Dems wanted all along; just get people in and then the program cannot be undone. I really hope I’m wrong about this but all government programs take on a life of their own and are nearly impossible to end.

Please don’t shoot the messenger. Just trying to keep it real.


17 posted on 01/14/2014 7:06:01 AM PST by Starboard
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To: Starboard

Holding fire:)

Nah, I meant repeal of the bailout part. I agree that its impossible at this point to undo the while thing. Republicans better get some consultants from the industry and figure out intelligent repairs.


18 posted on 01/14/2014 7:09:22 AM PST by ToastedHead
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To: Mr. K

Well, don’t be so sure about that.
Think about it first. Who made the rules of what the coverage should be? THE GOVERNMENT!
Who didn’t listen to the experts (Actuaries)?THE GOVERNMENT
Who wants the Insurance companies to go bankrupt? THE GOVERNMENT!
Without those bailouts, the demise of private companies would just be accelerated. Br mad at the source, not the insurance companies.


19 posted on 01/14/2014 7:11:13 AM PST by americanbychoice3
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To: americanbychoice3

How did you NOT get that same conclusion from my comment?


20 posted on 01/14/2014 7:15:53 AM PST by Mr. K (If you like your constitution, you can keep it...Period.)
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