Score one for Rubio.
https://www.washingtonpost.com/opin...06849a-a275-11e5-b53d-972e2751f433_story.html
The insurers are joining the fight. In talking points obtained by BuzzFeed, Blue Cross Blue Shield Association’s chief executive, Scott Serota, warned congressional Democrats that Rubio’s provision “will result in massive premium increases and could cause private insurers to become insolvent.” In other words, Rubio’s provision poses a mortal threat to Obamacare.
Rubio maintains that if it takes a taxpayer bailout of big business to save Obamacare, that alone proves the law is unsustainable. He is pushing to keep his bailout ban in the final bill. “Let’s be clear, the reason these health insurance companies are enduring a financial loss is that Obamacare is a disastrous law,” Rubio declared in a letter to House and Senate leaders. “It broke the promise to lower health insurance premiums . . . Now the very architects of this law are attempting to place taxpayers on the hook.”
https://www.washingtonpost.com/opin...06849a-a275-11e5-b53d-972e2751f433_story.html
The insurers are joining the fight. In talking points obtained by BuzzFeed, Blue Cross Blue Shield Association’s chief executive, Scott Serota, warned congressional Democrats that Rubio’s provision “will result in massive premium increases and could cause private insurers to become insolvent.” In other words, Rubio’s provision poses a mortal threat to Obamacare.
Rubio maintains that if it takes a taxpayer bailout of big business to save Obamacare, that alone proves the law is unsustainable. He is pushing to keep his bailout ban in the final bill. “Let’s be clear, the reason these health insurance companies are enduring a financial loss is that Obamacare is a disastrous law,” Rubio declared in a letter to House and Senate leaders. “It broke the promise to lower health insurance premiums . . . Now the very architects of this law are attempting to place taxpayers on the hook.”
