Two-Thirds Oppose Any ObamaCare Insurer Bailout
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Two-Thirds Oppose Any ObamaCare Insurer Bailout
The public overwhelmingly opposes any ObamaCare bailout of the insurance industry, the latest IBD/TIPP Poll found, even as the Obama administration is paving the way to do just that.
The survey found that 65% oppose a federal bailout of insurance companies that find their profits hit because not enough young, healthy people sign up for ObamaCare plans.
Opposition is widespread, the poll of 907 adults found, with 51% of Democrats, 71% of Republicans and 76% of independents against it.
It's opposed by every age and demographic group as well.
Although few people knew about it until recently, the health law contains a three-year "risk corridor program" designed to bail out insurers if costs were higher than anticipated from too few young people enrolled.
Read More At Investor's Business Daily: http://news.investors.com/politics-obamacare/120513-681900-two-thirds-oppose-obamacare-insurance-industry-bailout.htm#ixzz2mqEM8rlo
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The survey found that 65% oppose a federal bailout of insurance companies that find their profits hit because not enough young, healthy people sign up for ObamaCare plans.
Opposition is widespread, the poll of 907 adults found, with 51% of Democrats, 71% of Republicans and 76% of independents against it.
It's opposed by every age and demographic group as well.
Although few people knew about it until recently, the health law contains a three-year "risk corridor program" designed to bail out insurers if costs were higher than anticipated from too few young people enrolled.
Read More At Investor's Business Daily: http://news.investors.com/politics-obamacare/120513-681900-two-thirds-oppose-obamacare-insurance-industry-bailout.htm#ixzz2mqEM8rlo
Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook
fshnski- Posts : 4223
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Re: Two-Thirds Oppose Any ObamaCare Insurer Bailout
We have a thread about this somewhere else. If the gov. had left the insurance companies alone in the first place they would make a profit and would not need gov money to bail them out. I have never seen such a waste of money as this Obamacare and we haven't even started the program yet!!!! I heard but I don't know if it is true, that if we took all the money Obama has spent so far getting the Obamacare established, we could give each person in this country a million dollars to spend on their health care.
WHL- Admin
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Re: Two-Thirds Oppose Any ObamaCare Insurer Bailout
Tom Price has placed a bill to replace ObamaCare.
It's the plan the News Crows have been asking Republicans for.
(Not that there haven't been similar plans shot down).
It's the plan the News Crows have been asking Republicans for.
(Not that there haven't been similar plans shot down).
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