The Clown King says Obamacare is "exploding", GOP's defunding of "risk corridors" provision is why

[Bill USA]

A couple of years ago, Marco Rubio, managed to defund the "risk corridor" provision of Obamacare. This is a major factor in why insurers are dropping out and premiums have increased as much as they have.

You have heard Repugnants crow that there are many counties with only one insurer. But the GOP Toadies of M$M, dutifully report these Repugnant charges, while not pointing out that the GOP sabotaged Obamacare by defunding the "risk corridors" provision in Obamacare. This provision was there to help insurers, in the first decade of the law, sell health insurance in higher risk areas.



Marco Rubio Quietly Undermines Affordable Care Act

WASHINGTON — [font size="+1"] A little-noticed health care provision slipped into a giant spending law last year has tangled up the Obama administration, sent tremors through health insurance markets and rattled confidence in the durability of President Obama’s signature health law.[/font]

The attack stems from two years of effort by Senator Marco Rubio and others in Congress to undermine a key financing mechanism in the law. So for all the Republican talk about dismantling the Affordable Care Act, one Republican presidential hopeful has actually done something toward achieving that goal.

Mr. Rubio’s efforts against the so-called risk corridor provision of the health law have hardly risen to the forefront of the race for the Republican presidential nomination, but his plan limiting how much the government can spend to protect insurance companies against financial losses has shown the effectiveness of quiet legislative sabotage.

The risk corridors were intended to help some insurance companies if they ended up with too many new sick people on their rolls and too little cash from premiums to cover their medical bills in the first three years under the health law. But because of Mr. Rubio’s efforts, the administration says it will pay only 13 percent of what insurance companies were expecting to receive this year. The payments were supposed to help insurers cope with the risks they assumed when they decided to participate in the law’s new insurance marketplaces.
(more)

NOTE how Rubio used the Phil Gramm tactic of slipping abhorrent legislation, that Democrats would never agree to, in a funding bill that must be passed - near the year end when time is running out to get the bill passed. (this is how Phil Gramm, Deregulation Dick, got the Commodities Futures Modernization act passed. This is the bill that lead to the Trickle Down - Deregulation disaster of 2008-09. see: How Congress Rushed a Bill that Helped Bring the Economy to Its Knees).

Also see: Rubio's legacy: How the GOP aimed its guns at Obamacare and hit innocent consumers instead

(not a problem: GOPers don't give a shit about people who don't have fat wallets. Anyway, they will just blame the Democrats for the people's pain, and of course, the GOP Toadies of M$M won't inform the people of the reason they are getting screwed.)

[pangaia]

1. You know this and I know and everybody here knows...

and some few other folks in the US of A know.
But,...the great 'unawared masses' must be told also.

There actually WAS some comment this am on NPR on 1A (what a terrible name for a radio show !!:&gt ) ) But as I remember it was just in passing along with a lot of other stuff on Obamacare, etc...

It has to be made clear that it is REPUBLICANS who are doing all they can to destroy it so they can say, "See. it is a failure." Just like they and reagan did with public schools.

[Wellstone ruled]

2. 10-4!!!!