Last updated on July 17th, 2023 at 09:37 pm
Health insurance companies are warning that the system will collapse after Obamacare is repealed, so the solution that Republicans are working on involving giving billions of taxpayer dollars to insurance companies while taking health insurance away from at least ten million Americans.
The Hill reported that Republicans are trying to give the insurance companies a bailout without it looking like a bailout:
Any policies favorable to insurers could be politically treacherous for Republicans, given that they have railed for years against ObamaCare “bailouts†of insurance companies. It is also unclear if any policy changes would be enough to convince insurers to stay.
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One Republican lobbyist said that in discussions about a plan to repeal the Affordable Care Act (ACA) without a replacement, insurers are “painting a picture of the market that isn’t very pretty and Republican staffers are getting the picture.â€
“They want to pump money back in to the insurers without appearing like they’re giving them a handout or bailing them out,†the lobbyist added.
When all of those angry white voters voted for Trump, they were giving corporate America a big blank check to raid America’s piggy bank.
Here’s what’s going to happen. Those Trump voters who get their health insurance through the marketplace are going to lose their health care. Maybe in a couple of years, Republicans might get around to replacing it with something, but in the meantime, these people are going to have to pay higher premiums, if they can get insurance at all, while the insurance companies are going to get a bailout worth billions of dollars.
Donald Trump was never for the little guy. It was always a con, and once he takes office, the president-elect is going to cut taxes for the rich, while raising them on everyone else, take away your health care, and dismantle Social Security and Medicare.
Trump and his cronies have big dreams, and all of them involve making life more difficult for the non-rich.
Welcome to Donald Trump’s America, where corporations are the only “people” who matter.
Jason is the managing editor. He is also a White House Press Pool and a Congressional correspondent for PoliticusUSA. Jason has a Bachelor’s Degree in Political Science. His graduate work focused on public policy, with a specialization in social reform movements.
Awards and Professional Memberships
Member of the Society of Professional Journalists and The American Political Science Association
