November 20, 2013
Warning that the latest ObamaCare “fix” could compel the federal government to bail out insurance companies, Republican senators have introduced a bill to prevent taxpayer funds from being used to prop up the industry.
Sen. Marco Rubio, R-Fla., along with a half-dozen other Republican senators, introduced the “ObamaCare Taxpayer Bailout Prevention Act” on Tuesday. It would strip a provision in the Affordable Care Act pertaining to so-called “risk corridors,” which could allow the government to pay insurance companies to offset financial losses.
Rubio calls it a “blank check” for the industry.