Knew that was what the big meeting was between Obama and the insurance companies last week. It’s called another bailout; Obama is glad - one step closer to a bankrupt America.
” Its called another bailout; ....”
It’s more like a pre-installed, battery-powered bilge pump.
The insurance companies are going to game this — e.g. they could build up a customer base by undercharging, and have the government pick up the tab for the losses.
This has been out the for a while, just not widely noticed or commented on. It was part of how Obama got the companies to be quiet.