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Two-Thirds Oppose Any
ObamaCare Insurer Bailout

Investor´s Business Daily, by John Merline

Original Article

Posted By:RustMB, 12/6/2013 7:38:08 AM

The public overwhelmingly opposes any ObamaCare bailout of the insurance industry, the latest IBD/TIPP Poll found, even as the Obama administration is paving the way to do just that. The survey found that 65% oppose a federal bailout of insurance companies that find their profits hit because not enough young, healthy people sign up for ObamaCare plans. Opposition is widespread, the poll of 907 adults found, with 51% of Democrats, 71% of Republicans and 76% of independents against it. It´s opposed by every age and demographic group as well. Although few people knew about it until recently, the health law contains a three-year

      


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Reply 1 - Posted by: Wakeupcall, 12/6/2013 8:11:32 AM     (No. 9642594)

People that is the whole game plan. The insurance industry is being hit with special taxation just as the pharmaceutical, medical devise manufacturer, and all industries that have anything to do with healthcare. All for one reason only, to drive them out of business. That is the second step forcing everyone into socialized government controlled single payer healthcare with Marxist democrat communists controlling your healthcare services dictating who lives and who dies.

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Reply 2 - Posted by: ROLFnader, 12/6/2013 8:21:56 AM     (No. 9642611)

Typical Marxist ploy. Demonize the insurance companies for their opposition and obstruction of free healthcare to all . When they cave, they´ll be demonized by those that resent them being bailed out. This is the ploy that will speed up the transition to single payer (gubmint). But primarily to remove the delay of ´ many years´ which he lamented in his speech to the goonion crowd in 2003.

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Reply 3 - Posted by: lilo, 12/6/2013 8:22:14 AM     (No. 9642612)

It wouldn´t matter if 99.99% of the people opposed it. Obama wants it and his evil little minions will see to it that by God we get and keep it.

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Reply 4 - Posted by: lakerman1, 12/6/2013 8:35:50 AM     (No. 9642640)

Here is an obvious fact that no one is talking about.\
Insurance companies collect the premiums at the beginning of the policy year, invest some of that money, and pay out claims over time.
But with Federal Reserve policy holding interest rates near zero, insurance companies have to boost premiums to make up for Fed policy.

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Reply 5 - Posted by: msctex1, 12/6/2013 9:13:09 AM     (No. 9642687)

Perhaps in the future, Bills should be read and debated before they are passed.

Wish I could say s/, but here we are.

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