Wednesday, January 15, 2014

Obamacare’s Next Scam: Bailing Out Insurance Companies - Patriot Update

Obamacare’s Next Scam: Bailing Out Insurance Companies - Patriot Update: "On Monday The Weekly Standard released another surprise from the midden heap that is Obamacare: “Robert Laszewski—a prominent consultant to health insurance companies—recently wrote … that, while Obamacare is almost certain to cause insurance costs to skyrocket even higher than it already has, ‘insurers won’t be losing a lot of sleep over it.’  How can this be?  Because insurance companies won’t bear the cost of their own losses—at least not more than about a quarter of them.  The other three-quarters will be borne by American taxpayers.”"

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