Wednesday, January 29, 2014

Selective outrage over federal health care costs

Commentary: Republicans feign outrage over Obamacare's risk fund for insurers, but have nothing to say about waste in Medicare Advantage 

By Wendell Potter, 6:00 am, January 20, 2014 Updated: 10:52 am, January 21, 2014


Knowing I’ve been both a critic of insurance company practices and a supporter of efforts to reform the industry, a FOX news producer reached out last week to get my take on accusations by conservatives that Obamacare will actually result in a bailout of big insurance companies.

Under the headline, “Bailing Out Health Insurers and Helping Obamacare,” The Weekly Standard on Monday urged Republicans to insist that future debt ceiling increases contain a no-bailout provision. The magazine also cited Sen. Marco Rubio’s, R-Fla., bill to repeal a provision of the Affordable Care Act designed to limit potential initial losses of insurers selling policies on the new health insurance exchanges.

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