Republicans Trying To Sabotage Obamacare By Forcing Higher Premiums
The game is to play around with the law to force higher premiums so the public gets disgusted with Obamacare. Of course, then they can claim that Obamacare causes higher premiums, which would be something of their own doing.
The provision — called “risk corridors,” but dubbed the “Obamacare bailout” by the law’s opponents — seeks to stabilize costs by creating a pot of money that takes in funds from insurers who enroll healthier customers and uses it to pay out insurers who enroll sicker customers. It’s a safety valve that sunsets after 2016. The repeal push is clever messaging in a sense because it lets conservatives snatch the mantle of populism from liberals against wealthy insurance companies. But it comes with its share of dangers, too.
Last November, as TPM reported, Sen. Marco Rubio (R-FL) introduced legislation to repeal this provision. Since then it has picked up 13 Republican co-sponsors, including Senate Minority Leader Mitch McConnell, and spawned two companion bills in the House, which are supported by numerous Republicans. The idea has been championed by conservative lobbying groups like the Club For Growth and Heritage Action, and pushed by writers including Charles Krauthammer in the Washington Post, Ramesh Punnuru in Bloomberg View and Deroy Murdock in National Review.
The conservatives are open about the end goal: collapse Obamacare by causing higher premiums on the law’s marketplaces for the newly insured, which progressive experts who support Obamacare agree may occur if the provision is scrapped.
In other words, do whatever you can to hurt people, particularly those who can least afford to be hurt, to create a rebellion against the law.
