{"id":78152,"date":"2017-07-19T05:54:18","date_gmt":"2017-07-19T09:54:18","guid":{"rendered":"https:\/\/stateofthenation2012.com\/?p=78152"},"modified":"2017-07-19T05:54:18","modified_gmt":"2017-07-19T09:54:18","slug":"republican-healthcare-bill-just-a-massive-bailout-superfund-for-insurance-companies","status":"publish","type":"post","link":"https:\/\/stateofthenation2012.com\/?p=78152","title":{"rendered":"Republican Healthcare Bill Just a Massive Bailout Superfund for Insurance Companies"},"content":{"rendered":"<h1>Rand Paul: Healthcare Bill Is \u201cA giant Bailout Superfund For Insurance Companies\u201d<\/h1>\n<p><!--more--><\/p>\n<h3>\u201cI\u2019m not for any taxpayer money going to an industry that makes $15 billion a year.\u201d<\/h3>\n<p>Steve Watson | Infowars.com<\/p>\n<div class=\"text\">\n<article><strong>Republican Senator Rand Paul hit out at GOP healthcare legislation Sunday, warning that the bill isn\u2019t a repeal and keeps the \u201cfundamental flaw\u201d of Obamacare.<\/strong><\/p>\n<p>\u201cI think the longer the bill is out there, the more conservative Republicans are going to discover that it\u2019s not repeal, and the more that everybody is going to discover that it keeps the fundamental flaw of Obamacare.\u201d Paul said on CBS\u2019 <em>Face The Nation<\/em>.<\/p>\n<p><iframe loading=\"lazy\" src=\"http:\/\/www.youtube.com\/embed\/iXv1rxmh3Sc\" width=\"640\" height=\"360\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/p>\n<p>\u201cIt keeps the insurance mandates that cause the prices to rise, which chase young, healthy people out of the marketplace, and leads to what people call adverse selection, where you have a sicker and sicker insurance pool, and the premiums keep rising through the roof.\u201d the Senator urged.<\/p>\n<p>Paul noted that while Republicans have complained ad nauseum about Obamacare, they still intend to keep its core intact in their bill, expected to be further debated this week.<\/p>\n<p>\u201cAnd the reason you know Republicans acknowledge this is, they make a giant insurance fund to subsidize those prices.\u201d Paul said.<\/p>\n<p>\u201cBasically, they\u2019re subsidizing the death spiral of Obamacare.\u201d the Senator exclaimed.<\/p>\n<p>\u201cSo, for all Republicans\u2019 complaints about the death spiral of Obamacare, they don\u2019t fix it. They simply subsidize it with taxpayer moneys, which I just don\u2019t agree with at all.\u201d<\/p>\n<p>Paul said he will be voting against the GOP bill because it is not consistent with his principles.<\/p>\n<p>\u201cit\u2019s absolutely wrong. It\u2019s not all consistent with conservative principles, free market principles, or being a Republican.\u201d he said.<\/p>\n<p>\u201cAnd it also has nothing to do with repeal. I mean, we promised the voters for four elections. They elected us to repeal Obamacare, and now we\u2019re going to keep most of the taxes, keep the regs (regulations), keep the subsidies, and create a giant bailout superfund for the insurance companies. I just don\u2019t see it.\u201d<\/p>\n<p>\u201cI\u2019m not for any taxpayer money going to \u2026 an industry that makes $15 billion a year,\u201d the Senator affirmed.<\/p>\n<p>Paul outlined his own vision for replacing Obamacare, suggesting a system where \u201ceveryone in the individual market can join a group plan.\u201d<\/p>\n<p>\u201cI\u2019d let group plans be formed by anybody that wants to form them. Chamber of Commerce, a farm bureau, credit unions, you name it. I\u2019d let anybody form an association. And what would happen is almost everybody would flee the individual market because it\u2019s a terrible place,\u201d Paul noted, explaining that \u201cthe insurance companies have gamed the system.\u201d<\/p>\n<p>\u201cThey get enormous profit from the group plans, and then they lose money in the individual markets and they whine, and they come to Washington, they write the bill, and they get bailed out. It\u2019s a terrible situation.\u201d Paul urged.<\/p>\n<p>___<br \/>\n<a href=\"http:\/\/www.infowars.com\/rand-paul-healthcare-bill-is-a-giant-bailout-superfund-for-insurance-companies\/\">http:\/\/www.infowars.com\/rand-paul-healthcare-bill-is-a-giant-bailout-superfund-for-insurance-companies\/<\/a><\/p>\n<\/article>\n<div id=\"div-gpt-ad-1415299254516-0\"><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Rand Paul: Healthcare Bill Is \u201cA giant Bailout Superfund For Insurance Companies\u201d<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-78152","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts\/78152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=78152"}],"version-history":[{"count":0,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts\/78152\/revisions"}],"wp:attachment":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}