Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

better

(884 posts)
12. Republicans MUST NOT be allowed to appear to reach across the aisle by cooperating on these ideas
Fri Jul 28, 2017, 11:03 PM
Jul 2017

Especially, the Short Term Stability Fund, which would allocate $50 billion over 4 years to “address coverage and access disruption and respond to urgent health care needs within States.”

I don't know about anyone else, but that looks to me like a massive conspiracy by Republicans (and possibly some insurance providers).

Let's do the math.

In 2015, after Republicans gutted funding for the "risk corridor" payments in the ACA, intended to make insurers whole in the event that they suffered losses as the law was rolled out, Marco Rubio bragged that his legislative sabotage had "saved taxpayers $2.5 billion". Fast forward one year, and rates are rising by 11-30%, and insurers have dropped out of the market altogether in a number of (mostly red) states, contributing to further rise in premiums as competition eroded. Conveniently spiking with hundreds of articles about these issues in just October 2016, a month before the election.

Then fast forward just another 9 months, and we're debating a Republican initiative that would allocate twenty times the amount that Rubio and his Republican co-conspirators effectively stole from the insurance companies by gutting the risk corridor, specifically to “address coverage and access disruption" that they intentionally created.

I mean all one has to do is connect the dots. They surreptitiously force the government to renege on $2.5 billion in payments promised to insurance providers to stabilize the market, decrying them as "a taxpayer-funded bailout for insurance companies." Then once they get into power, they allocate nearly five times as much to bailing out insurance companies.

Smells fishy to me.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»Pelosi sends letter to Ry...»Reply #12