Health & Fitness
Putting Dems on the Defensive over Insurance Company Bailout
By Thomas Lifson
Congressional Republicans are acting on a plan, first suggested by Charles Krauthammer, to foreclose the possibility of a massive bailout of the health care insurance industry. Such a bailout now appears very likely, thanks to the fact that older and sicker people constitute a larger-than-planned portion for those signing up for Obamacare, driving up costs to the point that with existing rates, the insurers will suffer massive losses.
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