You mean those Middle Class Americans who saw their healthcare costs skyrocket under the Affordable Care Act? There is a reason why blue collar union workers in the Rust Belt voted for Trump, Rastamen...they simply got tired of progressive "promises" that were never kept!
You mean the poison pill introduced by the GOP that caused premiums and deductibles to SKY ROCKET!!!!
How Marco Rubio is quietly killing Obamacare
When the Obama administration was crafting Obamacare, it came up with a crony capitalist solution to entice reluctant insurers to join the exchanges. Many insurers worried that there would not be enough healthy people paying in to cover the costs of sick people. So the administration created a “risk corridor” program to help prop up insurers who lost money in the first three years of the law. Profitable insurers would pay some of those profits into a pool to help insurers who lost money. If the amount insurers lost exceeded what the companies paid in, the government would step in and make up the difference.
Calling this “a taxpayer-funded bailout for insurance companies,” Rubio last year quietly inserted language into the omnibus government spending bill that barred the Department of Health and Human Services from dipping into general funds to pay failing insurers. “While the Obama administration can still administer the risk-corridor program, for one year at least, they won’t be able to use taxpayer funds to bail out insurance companies,” Rubio said.
His provision sparked little opposition at the time, but it has proved to be a poison pill that is killing Obamacare from within.
Last year, insurers lost $2.9 billion more than expected on Obamacare. But insurers had paid only $362 million into the program — leaving it more than $2.5 billion short. Thanks to Rubio’s provision, the administration was allowed to pay only 13 cents of every dollar insurers requested. Without the taxpayer bailouts,
more than half of the Obamacare insurance cooperatives created under the law failed. One, Health Republic of Oregon, was expecting a $7.9 million bailout from the government. Instead, thanks to Rubio, it got only $995,000 — not a penny of it from the taxpayers. The Oregon co-op announced in October it was closing its doors. Soon, two other insurers — WinHealth Partners in Wyoming and Moda Health in Washington state —
pulled out of the exchanges. And United Healthcare, one of the nation’s largest insurers,
announced that it may leave the Obamacare exchanges in 2016.
Opinion | How Marco Rubio is quietly killing Obamacare