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Now the tax-payers are bailing out the health insurers … because of Obamacare

November 21, 2015

So after the past couple of years hearing the praises from the left of how wonderful Obamacare is, the truth is beginning to emerge. How about that liberals? It’s a “travesty” to spend a few million bucks investigating what we all knew from the beginning … Hillary and Obama lied and people died at Benghazi. Hell, the money spent wouldn’t even cover one of the Obama clan’s vacation jaunts. However, bailing out insurance companies to the tune of a couple of BILLLION dollars because they are losing their asses trying to sell Obamacare is cool.

Here’s the truth about the complete disaster called Obamacare and how he and his ilk are using our $ to cover his ass …

Via: New York Post

A new taxpayer bailout to cover up ObamaCare’s failure?

How dare the Obama administration bail out insurance companies with our money in order to hide ObamaCare’s failures. Thursday, just hours after giant insurer UnitedHealthcare said it’s losing money selling ObamaCare plans and will likely exit the health exchanges next year, the Obama administration quietly promised to bail out insurers for their losses — using your money.

Nearly all insurers are bleeding red ink trying to sell the unworkable plans. Without a bailout, more insurers will abandon ObamaCare, pushing it closer to its demise. A bailout would benefit insurers and the Democratic Party, which is desperate to cover up the health law’s failure. Ironically Democrats (including Hillary Clinton and Bernie Sanders) bad-mouth bank bailouts but are all for insurance-company bailouts. Truth is, it’s a ripoff for taxpayers, who shouldn’t have to pay for this sleazy coverup.

The pressure is building on Republicans in Congress. Industry groups like the American Health Insurance Plans and giant insurers are joining with the Obama folks to lobby ferociously for a bailout.

UnitedHealthcare’s Thursday bombshell rattled investors, health-plan subscribers and ObamaCare partisans. The insurer currently covers more than half a million ObamaCare plan subscribers in 23 states, including New York, New Jersey and Connecticut.

The insurer announced losses of $425 million on ObamaCare plans, and CEO Stephen Hemsley said, “We cannot sustain these losses,” and “we saw no indication of anything actually improving.”

MORE HERE

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7 Comments leave one →
  1. November 21, 2015 9:23 am

    I ran into a friend yesterday he had back surgery not too long ago

    He has Obamacare he can’t find drs that take it so he’s forced to use welfare type clinics

    Liked by 2 people

    • November 21, 2015 11:04 am

      One of the guys who works with me has Obamacare and has shelled out so much out of pocket $ it’s ridiculous. He says it isn’t worth anything.

      Like

  2. November 21, 2015 10:26 am

    “Live and learn” I always say. I started out just as blinded by this fraud as a lot of folks but I have since seen the light as it were and now I see that our “Fundamental Transformation” is more of an “Exponential Butt Kicking” — but the tide is about to turn and it will either get better or worse depending on how the American People react at the polls …. if elections are still allowed, that is.

    Liked by 1 person

  3. November 26, 2015 10:32 am

    Happy thanksgiving, STEVE!!
    Guess what?
    My Insurance went up $275-. I had to drop and go on some shoddy HMO.

    THANKS OBAMA

    Like

    • November 26, 2015 1:42 pm

      Happy Thanksgiving Paulie! Yep, I was paying about $1,000 a month for medical insurance. I checked out Obamacare just out of curiosity and a plan similar to mine but with twice the deductible was $1,500 a month. Thankfully I’m now covered by Medicare and a supplemental plan.

      Like

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