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Tag Archives: insurance

The Health Insurer Bailout is Headed Your Way

There are a few winners in Obamacare. Very few, but they do exist. If one has an extreme medical condition it is easier to get insurance now. (Sort of.) The health insurers, in partnership with the federal government are also winners.  (At least in the short to medium term.) They now have access to a pool of taxpayer subsidized potential policy holders who were not part of the market before. The health insurance companies are now basically government contractors. Contracting work can pay well.

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How could Obamacare be THIS screwed up? Premiums rising, websites crashing, policies canceled.

The Obamacare rollout is a disaster of mythic proportions. When Democratic Senator Max Baucus warned that the program looked like a train wreck waiting to happen, many in the media dismissed the prediction with a waive of a hand. Given that the warning was coming from a DEMOCRATIC senator who headed the Senate Finance Committee of all committees didn’t give that many people pause. Like the passage of Obamacare the rollout would be forced through and everything would work itself out.

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