Your basic argument hinges on the following statement:
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When they realized the money was going out faster than they could take it in, those folks didn’t ask their customers to pay higher prices. I guess they were afraid of the reaction they would get.
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Health Insurance companies losing money pre-Obamacare? Looking for an Obamacare bailout? Do you really have any evidence of that?
My theory: Single Payer is the Dems Holy Grail. Obamacare is the path to that goal. But it would put these same Insurance Companies out of business while enshrining Obama in the Dem Hall of Fame as the man who finally pulled it off.
Why would the Insurance Companies support such a plan?
However you feel, look at my post #6.
Is that something you can agree with me on?