The Koch brothers and other Republican groups, acknowledging that they've probably lost the presidential race and quite possibly Congress, are trying to get congressional Republicans to act now to cripple Obamacare.
A coalition of more than 50 conservative groups is calling on Congress to stop “bailouts” of insurance companies under ObamaCare.
The groups, in a Wednesday letter to members of Congress, are calling for the passage of two bills that would keep funds away from insurers under two ObamaCare programs that have been the target of growing Republican outrage. The conservative groups are now further pressuring Republicans.
“American households deserve better than to have their tax dollars go toward bailouts for insurance companies,” wrote the groups, which include Freedom Partners, Americans for Prosperity, Heritage Action and Americans for Tax Reform.
They are not "bailouts," of course. What's in question is the federal government paying a legal settlement to insurers which are suing the government. Because they didn't get the funds they were assured from the federal government under the "risk corridors" provision that protected them from losing money by taking on too many sick new patients. They didn't get those funds because Republicans blocked them. That's created a hole for insurance companies who took on new Obamacare patients.
If the insurers can't afford to participate, they'll have little choice but to leave the exchanges. That would do serious damage to the structure of the whole system. Which is exactly what the Kochs et. al are counting on. Because ultimately, they don't think all those "moochers" deserve to have health insurance. Because they are all monsters, basically.
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