Republicans may seek to tie a debt ceiling increase to legislation that could sabotage Obamacare with higher premiums, House Budget Chairman Paul Ryan (R-WI) told reporters.
"There are issues with Obamacare," Ryan said Thursday at a San Antonio event, as quoted byPolitico. "A lot of folks don't realize there could be some massive insurance company bailouts in the near future with Obamacare that a lot of taxpayers probably didn’t know about that we don’t want to see happen.
That’s one of the issues that's in the realm of possibility. There are a lot of things ... that are being discussed but its just not in our interest to negotiate in the media."
The "insurance company bailout" is a reference to a burgeoning Republican effort to eliminate a stability mechanism in Obamacare -- known as "risk corridors" -- that is aimed at holding down premiums in the first few years of the law's insurance marketplaces. It is financed by insurers who enroll healthier patients and pays out insurers who enroll sicker patients. But it does not have to be deficit neutral if the overall pool of consumers is sicker than projected (as early estimates suggest is so far the case).
more Swiss cheese policies ObamaCares has gotten you out of they want to put you back in like the proverbial crab i the basket one climbs up the others pull him back down,
they mask it with a delay in their scheme to allow insurance co.'s to start the milking all over again, keep in mind nothing the will do will benefit you it's all about the Benjamin's lower rates does not achieve that agenda.