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Bailing Out Health Insurers and Helping Obamacare

Bailing Out Health Insurers and Helping Obamacare
8:01 AM, Jan 13, 2014 • By JEFFREY H. ANDERSON

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.
Live Free or Die
Wait until they come up with the "special groups" that will be financially exempt from having to pay for their Obamacare.
NRA Life Member, NRA Certified Instructor:  HFS, Pistol, Rifle, PPIH,PPOH
Suarez Combat Arms Instructor School
Admit nothing.  Deny everything. Demand proof.
If we lie to the government, it's a crime. If the government lies to the people, it's called politics.
Paying for welfare is slavery.
[Image: Obamacare_Subsidies-550x503.png]

[Image: Obamacare_Age.png]
It's the "BILL OF RIGHTS" not the bill of "needs"
middlefinger;131453 Wrote:[Image: Obamacare_Age.png]

There is NOOOOO incentive for someone under the age of 26 being enrolled in anyone's policy other than their own parents, since they're allowing "children" up to age 26 to stay on their parents plan.

And they've repeated over and over again, that they NEED the 18-26 age group to buy coverage under obamacare for it to be viable--yet they set up a mechanism to ENCOURAGE them to not purchase their own plan.
Vampire pig man since September 2012

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