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Should We Bail Out the Health Insurance Companies?

Should the American Citizen be forced to bail out the Insurance Companies?

  • Yes, the U.S. citizenry should be made to bail out the insurance companies

    Votes: 2 9.1%

  • No, health insurance companies have made their bed.

    Votes: 20 90.9%
  • Total voters
    22
The ACA has built in bailouts for the insurance companies.
 
No, let them die and replace them with socialized insurance.
 
cpwill said:
Given that the numbers of people signing up feature sick than anticipated, more elderly than anticipated, fewer young invincibles than anticipated, etc, the Health Insurance Companies are facing the possibility of a death spiral - in which case the Obama administration will almost certainly try to bail them out.


Should the U.S. Taxpayer be forced to bail out the very health insurance companies that are charging them ever-higher prices for health insurance and spending millions on politicians to make sure that we do so?
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The provisions to protect health insurance companies (and rates) are already baked into the ACA. There will be no special legislation necessary. Worry not. You have the patience of someone that turns off the football game after the other team scores on the first possession. In the ACA's prototype in Massachusetts, it had a slow take up and then prospered. It is very well liked there and met its objectives... There is no reason for the thinking man to think it can not work nationally... thought I will concede that in Massachusetts you did not have a group people in power trying to sabotage it; but it should overcome.
 
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Bob Blaylock said:
The unfortunate thing about this is that the majority of the American people who opposed the ObamaCare scam from the beginning, and continue to oppose it, will be the ones who end up bearing the brunt of the costs of this expensive disaster. Those who supported this are, for the most part, stupid, unproductive parasites who don't pay their share in taxes and other costs in the first place, and are not going to pay their share of the costs of this mess either.
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Republicans and conservatives have responsibility in this too. They have the power in primaries to keep guys like this off the ballot.

Liberals may be the lode-bearing idiots, but we all have blood on our hands.
 
ChunkySalsa said:
No, let them die and replace them with socialized insurance.
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Well, that's skipping ahead too fast. First the Obamaites will now have an excuse to bail out insurance companies by forcing higher taxes on the rich. The rich have too much money, so tax them at 70% to bail out the insurance companies. When that fails, then institute single payer and raise taxes on EVERYONE because, well... that was the plan all along wasn't it?
 
Ockham said:
Well, that's skipping ahead too fast. First the Obamaites will now have an excuse to bail out insurance companies by forcing higher taxes on the rich. The rich have too much money, so tax them at 70% to bail out the insurance companies. When that fails, then institute single payer and raise taxes on EVERYONE because, well... that was the plan all along wasn't it?
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100%

I wouldn't like to play this administration in a game of chess. They are 10 steps ahead across the boards...and knew the end game before the pieces were on the board.
The minute ACA passed and the supreme court failed the people...we should have seen single payer coming a mile away.
 
We should never bail out any company for any reason.
 
MichaelJR said:
The minute ACA passed and the supreme court failed the people...we should have seen single payer coming a mile away.
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I get that somehow people just figured out that the ACA has built in mechanisms to stabilize premiums and mitigate risk for the first three years (2014-2016) while the private coverage expansions phase in.

What I can't figure out is how this is simultaneously being spun as a "bailout" of the private insurance industry and a sign this was designed to collapse the private insurance industry and usher in an era of single-payer. If it didn't have risk corridors and transitional reinsurance to stabilize private markets at the beginning, then maybe there'd be an argument for the latter.

Surely the fact (which apparently comes as quite a revelation for some) that the ACA was designed to prevent an insurance death spiral while people/consumers figured this out during the start-up phase should give folks at least some pause in declaring it was designed to destroy private insurance.
 
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