Under Obamacare, the federal bureucracy has the power to dictate the terms and conditions of the insurance policies and even to dictate the ratio of expenses to premiums.
It’s not a free market model, it is designed to produce a few behemoth insurance companies that are completely intertwined with the federal bureaucracy.
The behemoth insurance companies would evolve into quasi-government entities like Fannie and Freddie before the crash, except even more entangled in the government.
Eventually, there will be an enormous financial collapse of these entities and they will be folded directly into the government.
However, just like the executives of Fannie and Freddie, the people placed into executive positions at these companies will be Democrat party hacks who will make enormous sums of money in those positions.
Bingo - 0bamacare is designed to eventually collapse the insurance companies and create a gov’t single payer system.
Bingo. I’ve never believed this is about cost affordability, insurance for all, no pre-existing conditions, or coverage for unemployed post-adolescent offspring. These are just shiny objects to influence the undiscerning, and 0’s statement hauled them all out once again. This is about the power and control over a huge segment of the economy and individual behavior. This is Fannie/Freddie and Solyndra to orders of magnitude. A gigantic amount of money is now available to reward interests who will contribute to his campaign. There will be uncountable exemptions to those important to the regime.
My small community has already received $24 million in implementation
funds, to “organize” the health care system to fit the vision. Most here are dazzled. The terrible results will occur down the road, but the system’s infrastructure will have grown deep roots by then.