There’s something called “risk corridors,” which basically ensure that if an insurance company ends up paying a lot more in benefits than it takes in in premiums, then the federal government will bail it out — it will make it good. And it looks like we are entering a situation — certainly in the first month of January — where the insurance companies will be in that situation. And they’e not going to take the losses. It will be the taxpayer who makes up for those losses.
If you liked bailouts before, you're going to love ObamaCare.
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04:12 PM
PFF
System Bot
2.5 Member
Posts: 43235 From: Southern MN Registered: May 2007
I would venture to guess that when they get bailed out they also get reorganized and told how to do their business? (Even more than Obamacare regs already do)
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04:55 PM
rogergarrison Member
Posts: 49601 From: A Western Caribbean Island/ Columbus, Ohio Registered: Apr 99
“A democracy cannot exist as a permanent form of government. It can only exist until the people discover they can vote themselves largess out of the public treasury. From that moment on, the majority always votes for the canidate promising the most benefits from the public treasury, with the result that democracy always collapses over a loose fiscal policy--to be followed by a dictatorship.” ― Alexander Fraser Tytler
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10:53 AM
Rallaster Member
Posts: 9105 From: Indy southside, IN Registered: Jul 2009
“A democracy cannot exist as a permanent form of government. It can only exist until the people discover they can vote themselves largess out of the public treasury. From that moment on, the majority always votes for the canidate promising the most benefits from the public treasury, with the result that democracy always collapses over a loose fiscal policy--to be followed by a dictatorship.” ― Alexander Fraser Tytler
Good thing we don't live in a Democracy, then. We officially live in a Constitutional Republic.
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11:15 AM
cliffw Member
Posts: 37859 From: Bandera, Texas, USA Registered: Jun 2003
“A democracy cannot exist as a permanent form of government. It can only exist until the people discover they can vote themselves largess out of the public treasury. From that moment on, the majority always votes for the canidate promising the most benefits from the public treasury, with the result that democracy always collapses over a loose fiscal policy--to be followed by a dictatorship.” ― Alexander Fraser Tytler
They teaching that in school now, that we are a democracy and that its 'bad'? ( as mentioned above, we don't, never have had, a democracy here . Teaching people we do is subtle i agree, but can have huge ramifications for our freedoms down the road if enough people lose sight of how our system was designed.
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01:02 PM
rogergarrison Member
Posts: 49601 From: A Western Caribbean Island/ Columbus, Ohio Registered: Apr 99
And were to believe this lie because.........? The most recent is 'you can keep your present insurance' , 'you can keep your present doctor'.
The ONLY people that have benefited from Obumacare are the ones with pre diagnosed illnesses that old insurance was either too expensive or uninsurable....period. All ive seen so far is taking money in. Ive not seen it paid out to anyone yet. We will see how that goes when someone with Obumacare thats 68 years old needs a heart transplant.
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02:06 PM
cliffw Member
Posts: 37859 From: Bandera, Texas, USA Registered: Jun 2003
Originally posted by rogergarrison: The ONLY people that have benefited from Obumacare are the ones with pre diagnosed illnesses that old insurance was either too expensive or uninsurable....period.
The ONLY people that have benefited from Obumacare are the ones with pre diagnosed illnesses that old insurance was either too expensive or uninsurable....
Once its in full force you will see Obama's friends/contributors benefiting.
Once its in full force you will see Obama's friends/contributors benefiting.
And all is followers that are going to be subsidized by the rest of us. I will mention that I have no doubt we will see an end to Obamamacare as soon as the republicans get the seats and the whitehouse. It is not over by any means despite the uninformed claiming a supreme court victory, it was not by any stretch. The mandate is in fact a tax and can and will be treated as such. With out the mandate it is dead. Much harm and suffering on personal level and as the countries economic health will come first. They didn't buy votes, they only rented them
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04:57 PM
Dec 29th, 2013
rogergarrison Member
Posts: 49601 From: A Western Caribbean Island/ Columbus, Ohio Registered: Apr 99
