Marco Rubio is KILLING Obamacare!! – ACA architect

Since the media is barely covering it, you may not be noticing that Obamacare is collapsing around us in that famed “death spiral” that was predicted so long ago. You MIGHT think that this would deter Obamacare supporters, but you’d be WRONG!!!

Here’s the program’s Ezekiel Emanuel explaining that it was ALL Marco Rubio’s fault that Obamacare is dying, because of legislation that did away with a government-funded life vest.

Megyn Kelly points out that there have been enormous hikes in insurance premiums, and that healthcare companies are leaving the exchange because they’re losing billions. Emanuel points out that Marco Rubio’s bill took out risk corridors and risk adjustment and destabilized the market for healthcare, but all it did is take away what Rubio called a bailout for healthcare firms:

ObamaCare is also bringing out corporate America’s worst crony-capitalist impulses. The health-insurance lobby has teamed up with trial lawyers to sue the federal government—through individual lawsuits and a $5 billion class action—for not following through on a sweetheart bailout deal buried in the law. This provision of ObamaCare would have required taxpayers to bail out insurers for losing money on the health-care exchanges.

I was the first person in Congress to take action to stop these bailouts. In late 2013 I introduced legislation to repeal this provision entirely and later another bill to make this so-called “risk corridors” program “budget neutral.” My conservative colleagues and I sounded the alarm about the likelihood of a taxpayer-funded bailout of health insurers (and were mocked as Chicken Littles for it). But we built a coalition to stop the bailouts.

When it came time to pass a spending bill at the end of 2014, we succeeded in making it the law of the land that the ObamaCare bailout program could not cost taxpayers a single cent—which ended up saving taxpayers $2.5 billion. In December of last year, we came back and repeated the feat. Now I am urging leaders in both the House and Senate to make this a priority and stop the bailout a third time.

So, Emanuel is admitting that Marco Rubio is right. And it’s killing Obamacare.

Here’s the entire interview, it’s worth watching:


Comment Policy: Please read our comment policy before making a comment. In short, please be respectful of others and do not engage in personal attacks. Otherwise we will revoke your comment privileges.