• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

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
cpwill

cpwill

DP Veteran
Joined
Dec 20, 2009
Messages
75,605
Reaction score
39,893
Location
USofA
Gender
Male
Political Leaning
Conservative
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?
 
I would say no we should not bail them out. but I think the consiquences for not bailing them out with be much more dire... but then again i'm really unsure
 
The insurance companies are the one's that wanted all this going through them, so they made their bed. IF and when they are found to be failing, single payer will become the only reasonable alternative, which is where we should've and would've if it hadn't been for the insurance lobbyists.
 
If the government is making them insure people they wouldn't ordinarily then yes, the government must bail them out if they have trouble from it. This is yet another consequence of the blindingly stupid Obamacare.
 
From what I can tell the ACA is just the first step, in total socialized medicine.
The Insurance companies will become gatekeepers and administrators.
Many will close, some will become Government contractors.
 
Sure. Liberal stupidity began this foolishness. Liberal stupidity may as well see it to its ugly and inevitable result.

Morons can't sit there and vote for Obama twice and then shirk responsibility when their fruits come to bare. Sometimes the foolish little child needs to burn his fingers before he learns not to touch a hot stove.
 
I'd say 'loan' not 'give' and not enough to make them totally whole.

They have bare some of the burden.
 
Bail outs are bad.

But what's the alternative that will be proposed if the heath insurance companies all go bankrupt because of Obamacare? (Some say by design)

Are you really ready for a government run, government controlled, government dictated, single payer system?
Run with the same level competence as the ObamaCare roll out? Really?

Click to expand...
The myths of the single payer system

Really?
 
longview said:
From what I can tell the ACA is just the first step, in total socialized medicine.
The Insurance companies will become gatekeepers and administrators.
Many will close, some will become Government contractors.
Click to expand...

Nope, in fact it's a legislated tie to the insurance companies. It will never lead to single payer and is designed to avoid it. All part of the closed door meetings and agreements with the insurance companies and our president well before the congressional debate.
 
This question is valid and demonstrates why I called for a Insurance Company Of Last Resort instead of the stupid approach they took instead.

Of course the taxpayer will be footing the bill for the pre-eisting and the too poor to pay categories. These could have been all in one place and at least we could see what it cost.

Now, every insurance company will tap the till on grounds they lost m0ney on the pre-existing cases. That the losses might stem from the few huge raises they gave the bosses is buried in the weeping willow. So, we'll be bailing all of them out instead of just one, where we could have seen the money.

I thought Bush was Corporate friendly but Obama is even more so. So, hold onto your wallets.

Bah©
 
clownboy said:
Nope, in fact it's a legislated tie to the insurance companies. It will never lead to single payer and is designed to avoid it. All part of the closed door meetings and agreements with the insurance companies and our president well before the congressional debate.
Click to expand...

I'm interested in this. Can you provide some links that I can read up on it?

Thanks in advance.
 
I say absolutely not. We shouldn't have bailed out AIG, we shouldn't bail out anyone.


Too big to fail = too big.
 
I work in groceries now.



I'm recession proof, bitches!
 
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.
Click to expand...

Ehhhh...I'm curious who is surprised that sick/elderly are signing up early and young are procrastinating until the last minute.

Everything I've read said that would be expected and was the situation when Massachusetts rolled out their program. Ultimately 98% of the state ended up insured so who signed up early and who signed up late wasn't an issue.
 
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?
Click to expand...

If I'm not mistaken, haven't a large percentage of those who have signed up actually been funnelled into Medicaid due to new qualifications under the ACA and didn't the ACA also take $500 billion to $700 billion out of Medicare to help fund the transition and subsidies to those newly eligible under Medicaid? In addition, aren't a large number of people with insurance policies previously now paying more for expanded coverage they may not want or need? Finally, didn't a number of insurance companies look at the landscape as it exists and decide that they were getting out of the health insurance business?

As a result, how certain is it at this point that insurance companies will need to be bailed out?
 
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?
Click to expand...

The bailout of the insurance industry is written in the law. If not enough young invincibles sign up, the ACA guarantees the bailout. It was one way to get the insurance industry to back the ACA back in 2009 and 10. guarantee them a profit and of course the insurance industry went along.
 
ttwtt78640 said:
We should not bail them out but PPACA, the law of the land, says that we will. The insurance companies were guaranteed a three year "adjustment" period, during which they get a taxpayer funded bail out if the "expected" risk pool does not materialize.

Hidden Insurance Company Bailout Exposed in Health Care Law | Americans for Prosperity
Click to expand...

Taxpayer dollars should not be used to bailout well-connected, politically-favored industries.

Read more: Hidden Insurance Company Bailout Exposed in Health Care Law | Americans for Prosperity

I agree with totally.
 
Gipper said:
Sure. Liberal stupidity began this foolishness. Liberal stupidity may as well see it to its ugly and inevitable result.

Morons can't sit there and vote for Obama twice and then shirk responsibility when their fruits come to bare. Sometimes the foolish little child needs to burn his fingers before he learns not to touch a hot stove.
Click to expand...

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.
 
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?
Click to expand...

Certainly not. They (ins co.) helped make this stew, let them swallow it.
 
we can help them by moving everyone to Medicare for basic coverage.

the ACA private alternative to single payer should have been vetoed. best we can do now is to move forward, and moving forward doesn't mean going back to the previous failed system. we need to scrap the PPACA and completely redesign the health care delivery system.
 
:lol: you people assuming that the only possible fix for this is some variant of single-payer are funny.

Thanks to this law, Americans are turning against the idea of government intrusion into the health care market. Single Payer couldn't get passed in 2009 when all the starts were aligned in your favor, it's pretty much impossible, now.

fplxc0ofzkq4zsfgrlrtka.png



The idea that the government has no business trying to make sure everyone has health care coverage has increased among Republicans, Independents, and even Democrats.

xfhxdrchyk-f-jmraneo7g.png



:) You folks are going to be some upset kiddo's come Christmas Morning, when Santa doesn't bring you that shiny UHC and you have to admit that maybe he doesn't exist. :)
 
Last edited:
cpwill said:
The idea that the government has no business trying to make sure everyone has health care coverage has increased among Republicans, Independents, and even Democrats.
Click to expand...
Uh-huh.....

Govt+out+of+my+medicare.jpg
 
You must log in or register to reply here.
Back
Top Bottom