Article

2014-11-19 Home Front: Politix

Health Care Law Recasts Insurers as Obama Allies

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Slomose Jomosing6721 2014-11-19 00:00|| || Front Page|| [11130 views ] Top

#1 Just as the stimulus was a give away program for the bankers and brokers who bankrolled his campaign and the credit card bill was a give away to Visa et al., the PPACA was and is and will always be a give away program for health insurers.

Rewarding those that supported or gave money.

Sorta like the solar energy folks only less obvious.

Posted by Mystic 2014-11-19 01:01|| 2014-11-19 01:01|| Front Page Top

#2 I thought the ultimate plan was to destroy the private insurers so the only 'insurer' left was Uncle Sugar, and presto - the liberal wet dream of single payer is a reality.

Haven't looked at that angle in a while - how does Obama pull the rug out from under them?

Posted by Raj 2014-11-19 01:20|| 2014-11-19 01:20|| Front Page Top

#3 Haven't looked at that angle in a while - how does Obama pull the rug out from under them? Posted by Raj

Nationalization <------- Socialist/Communist Method

Posted by Bob Spoper2230 2014-11-19 01:38|| 2014-11-19 01:38|| Front Page Top

#4 Yeah - the Progressives force people to buy insruance, and limit the market to only approved insurers with no real competiution since its all government mandated. Its like the Fascists have won - they control the industry and force you to buy from it so their buddies can profit.

Posted by OldSpook 2014-11-19 02:33|| 2014-11-19 02:33|| Front Page Top

This infamous Chicago 'shake-down' gangster is definitely owed some sort of apology.

Posted by Besoeker 2014-11-19 03:09|| 2014-11-19 03:09|| Front Page Top

#6 So, everyone finally catches on to this being a massive payoff to the insurance companies. You'll remember, during the arguments, the insurance companies were "demonized" early, then never again? That's because they got on board.
Remember, "Cui Bono?" (To whom the good). Follow the money.

Posted by ed in texas 2014-11-19 07:24|| 2014-11-19 07:24|| Front Page Top

#7 Everyone seems to forget (NOT Rantburgers) that the "Corporatist", "Crony Capitalist" model was basically invented by Benito Mussolini who started as a communist.

Fascism is different from Socialism in that the state does not "own" the businesses, it "just" controls them through regulations and graft.

If you look at this regime as moving toward fascism rather than pure socialism it all makes a lot more sense.

Posted by AlanC 2014-11-19 08:12|| 2014-11-19 08:12|| Front Page Top

#8 Conceptually, it’s indeed Fascism. But the early Progressive movement recognized that term was loaded with negative connotations. The correct term is ‘Third Way’. In reality it’s Fascism-light if you will. It still has all the payola and graft to the elite yet couched in Social Justice. Most importantly Third Way policies attempt to wrestle all sectors of private industry into central control. The key was to convince most liberals and leftists that they’re all Progressives. And as the videos of Mr. Gruber have illustrated the completion of that process has allowed the manipulators to deceive gullible supporters with relative ease. And if the leftists ever catch on to the ruse the lever-pullers will simply reply – at this point what difference does it make?

Posted by DepotGuy 2014-11-19 11:46|| 2014-11-19 11:46|| Front Page Top

#9 Government convinces the publically-traded insurance companies to go the Socialist route, providing financial and employment/consulting contract inducement to the mucky-mucks running them. Publicly-owned company officers, imho, are no different than prostitutes, and the Gov't. John will be accepted as "enhancing shareholder value" on a permanent basis. Oh. and it's risk-free, too!

Outstanding equities issued by the insurance companies are converted, by Fed Fiat, into government debt instruments and allocated to MyIRA's.

See how easy this works?

Posted by Black Charlie Tholuns3602 2014-11-19 11:56|| 2014-11-19 11:56|| Front Page Top

#10 “Insurers and the government have developed a symbiotic relationship, nurtured by tens of billions of dollars that flow from the federal Treasury to insurers each year,”

Bald-faced redistribution of wealth. Supported by lies and underhandedness on the part of the left. Aided and abetted by a complicit MSM completely in the tank for Emperor Ebola.

Posted by JohnQC 2014-11-19 16:03|| 2014-11-19 16:03|| Front Page Top

#11 Please. The health plans did not want to become a public utility, they are simply playing the hand they've been dealt.

This article is simply the Administration setting up to re-demonize the private insurers.

By design (cf Gruber) rates will be increasing at least 20% / year for most consumers in perpetuity (so the healthy can fund the sick).

Pols will fulminate and villianize the insurers, even as the reinsurance reimbursements that keep insurers solvent in this untenable arrangement disappear by law in the next couple years.

So pols get to rattle their swords, insurers cower and mewl, and tax payers foot the bill.

That's what fundamental change is all about.

Posted by regular joe 2014-11-19 16:11|| 2014-11-19 16:11|| Front Page Top

22:03 Charles
21:54 Mystic
21:53 Thumper Unemble7307
21:45 Frank G
21:15 Alaska Paul
20:46 Pappy
20:42 Silentbrick
20:04 Old Patriot
19:27 DarthVader
19:21 Injun Grumble7123
19:10 49 Pan
18:56 JohnQC
18:52 OldSpook
18:52 charger
18:43 BrerRabbit
18:33 Abu Uluque
18:32 Abu Uluque
18:28 JohnQC
18:05 Capsu78
17:52 CrazyFool
17:50 badanov
17:48 CrazyFool
17:47 Steve White
17:32 swksvolFF