Insurance companies may have no fear
POSTED: Monday, January 13, 2014 - 6:02pm
UPDATED: Sunday, April 13, 2014 - 2:11pm
Tyler, Texas (KETK) — Ronald Reagan once said, "Insurance companies which climb into bed with the government will get more than a good night's sleep."
Case and point: The government is using insurance companies as the reason folks were losing their loans after the awful rollout of Obamacare. But, recently, I've heard no insurance commanding.
Well, maybe the media is not reporting.
Also, The Weekly Standard reports a blog pointing to the fact the government is about to give the insurance industry an over $1-trillion bailout.
I guess The White House is cutting checks again and by the way, you're paying for it. I wish every time I made a bad decision or got myself in a bind the feds would bail me out.
It's complicated, but according to the report, insurance consultant Robert Laszewski claims:
"Insurance purchased through Obamacare's government-run exchanges isn't even full-fledged private insurance; rather, it's a sort of private-public hybrid. Private insurance companies pay for costs below $45,000, then taxpayers generously pick up the tab-a tab that their president hasn't ever bothered to tell them he has opened up on their behalf-for four-fifths of the next $200,000-plus worth of costs. In this way, and so many others, Obamacare takes a major step toward the government monopoly over American medicine ("single payer") that liberals drool about in their sleep."
But, right now, we are concerned about a governor in a mess, that according to polls, only 18 percent of the country cares about.
That's my point of view, what's yours?
You can e-mail me at email@example.com or Facebook me at KETK Neal Barton.