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To: Cincinatus' Wife

So the geniuses at Humana and the other insurers actually thought that Obumbles and his coven of university Leftiists would be able to take over the medical care of 300,000,000 Americans? I doubt it.

What they liked was the guarantee that the stupid U.S. taxpayers would bail them out if it failed. This is the part of ObamaCare that Republicans ought to repeal. If Democrats vote No, they are voting for government bailouts for Big Insurance...not something you want on your voting record in Democrat precincts.

When this repeal passes, the insurers won’t be supporting this disaster,


15 posted on 01/11/2014 1:04:38 AM PST by txrefugee
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To: txrefugee; Cincinatus' Wife
So the geniuses at Humana and the other insurers actually thought that Obumbles and his coven of university Leftiists would be able to take over the medical care of 300,000,000 Americans? I doubt it.

More likely, what the geniuses at Humana, et al understood was an implicit threat: If you guys don't go along with this scheme, we will destroy you.

17 posted on 01/11/2014 1:26:27 AM PST by okie01 (The Mainstream Media -- IGNORANCE ON PARADE)
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To: txrefugee
What they liked was the guarantee that the stupid U.S. taxpayers would bail them out if it failed. This is the part of ObamaCare that Republicans ought to repeal. If Democrats vote No, they are voting for government bailouts for Big Insurance...not something you want on your voting record in Democrat precincts.

In defense of the insurance companies: No insurance companies would have participated in Obamacare if they thought it was likely to be a financial disaster for them. In order to get the insurance industry on board Obama needed to cover their potential loses.

Evaluating risks is what insurance companies do. They know what its like to play ball with the government.

48 posted on 01/11/2014 4:37:42 AM PST by Senator_Blutarski
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