Saturday, January 11, 2014

Blue Cross Blue Shield: If Republicans kill a bailout for insurers under ObamaCare, it’ll lead to single-payer


They're pigs at the feeding trough. A big "business" willing to take down the entire Capitalist system, if we don't keep shoveling them their slop.

From BuzzFeed:
“We are becoming increasingly concerned about momentum that is quickly building among some leading conservatives for elimination of the risk corridor and reinsurance programs,” [Blue Cross Blue Shield Association CEO Scott] Serota wrote… 
“Their efforts, along with growing support for repealing the risk corridor and reinsurance programs, could combine to create a perfect storm to, at a minimum, dissuade the Administration from modifying risk corridor program rules to provide increased funding in light of the recent ‘transitional policy’ allowing insurers to offer consumers the option to renew their 2013 health plans for 2014,” Serota wrote. 
In attached talking points, seemingly directed at Republican lawmakers opposed to risk corridors and reinsurance, BCBSA is asking members to argue that eliminating the risk corridors will lead to the eventual downfall of Obamacare and lead to a single-payer system: “It jeopardizes the entire private health insurance market and will ultimately lead to a single-payer system. 
Furthermore, it will close the door to pro-competitive health care reform alternatives.” One bolded talking point, “use with appropriate audiences only,” charges that “eliminating these programs will result in massive premium increases and could cause private insurers to become insolvent.” In Serota’s email, however, this point is intended for Democrats only.
The reason I put "business" in quotation marks above, is because Blue Cross/Blue Shield are no longer a Business under the rules of Capitalism.

Instead they are a Welfare Queen looking for their government handout.

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