Insurance Executive Complains: Attacking Obamacare ‘Bailout’ Is ‘Unfair’
7:41 AM, Aug 29, 2014 • By JEFFREY H. ANDERSON
American voters aren’t so likely to be impressed with Geraghty or this cozy alliance between Big Government and Big Insurers. They certainly won’t be impressed when they learn that they’re about to have to bail those insurers out. But that’s what set to happen: A survey conducted by the Oversight Committee found that 80 percent of insurance companies (12 out of 15) expect to be bailed out this year.
In light of all this, it might seem surprising that House Republicans have yet to vote to stop the Obamacare insurer bailout — and time is running out for them to do so before the midterm election. Such a vote would be a blow to Obamacare, a defeat for corporate welfare and cronyism, and would provide a solid rebuttal to the Democrats’ claim that the GOP just wants “to put insurance companies back in charge of Americans’ health care.” Moreover, it would force Harry Reid and vulnerable Senate Democrats to explain why they won’t stop a bailout that Americans oppose by the tally of 81 to 10 percent.
As Deroy Murdock puts it at National Review Online, “When Congress reconvenes on Monday, September 8, Republicans should fire a torpedo directly into the USS Obamacare” — as “Republicans must sink the Obamacare bailout.” Murdock concludes, “Mr. Speaker, I call for the yeas and nays!” I second that call.
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