It is important as the push continues in the next Texas legislative session, which begins in January, to expand Medicaid in Texas to fit the Obamacare plan that you understand exactly who is behind this push. It appears to be the big drug companies, insurers, and large hospital systems.
It turns out that for insurers the Obamacare Medicaid expansion acts like a wealth transfer from taxpayers to insurers. “[S]ince the Affordable Care Act was enacted in 2010, the relationship between the Obama administration and insurers has evolved into a powerful, mutually beneficial partnership,” writes Robert Pear at the New York Times, “that has been a boon to the nation’s largest private health plans and led to a profitable surge in their Medicaid enrollment.”
Natalie Scholl of American Enterprise Institute points out how Obamacare shields big insurers from competition: “By capping the medical loss ratio [as Obamacare does for insurers], you guarantee that only the incumbent players are in the marketplace. New insurers can’t launch without losing a lot of money in the initial years.”
…a typical anti-competitive, government protection racket for established big-business that keeps the lobby money flowing in huge amounts to politicians at all levels…
Timothy Carney at the Washington Examiner writes: “Big hospitals are getting bigger while small healthcare practices are going out of business. Drug-company lobbying is helping to kill more affordable insurance plans while enriching drug companies.”
Democrats used consumer anger toward insurers to get Obamacare but, behind the scenes worked with those insurers to create what seems to always come of government programs: a typical anti-competitive, government protection racket for established big-business that keeps the lobby money flowing in huge amounts to politicians at all levels – all funded, of course, out of those higher premiums you pay.
Why big-healthcare is behind Texas Medicaid expansion push
Robert Pratt
It is important as the push continues in the next Texas legislative session, which begins in January, to expand Medicaid in Texas to fit the Obamacare plan that you understand exactly who is behind this push. It appears to be the big drug companies, insurers, and large hospital systems.
It turns out that for insurers the Obamacare Medicaid expansion acts like a wealth transfer from taxpayers to insurers. “[S]ince the Affordable Care Act was enacted in 2010, the relationship between the Obama administration and insurers has evolved into a powerful, mutually beneficial partnership,” writes Robert Pear at the New York Times, “that has been a boon to the nation’s largest private health plans and led to a profitable surge in their Medicaid enrollment.”
Natalie Scholl of American Enterprise Institute points out how Obamacare shields big insurers from competition: “By capping the medical loss ratio [as Obamacare does for insurers], you guarantee that only the incumbent players are in the marketplace. New insurers can’t launch without losing a lot of money in the initial years.”
…a typical anti-competitive, government protection racket for established big-business that keeps the lobby money flowing in huge amounts to politicians at all levels…
Timothy Carney at the Washington Examiner writes: “Big hospitals are getting bigger while small healthcare practices are going out of business. Drug-company lobbying is helping to kill more affordable insurance plans while enriching drug companies.”
Democrats used consumer anger toward insurers to get Obamacare but, behind the scenes worked with those insurers to create what seems to always come of government programs: a typical anti-competitive, government protection racket for established big-business that keeps the lobby money flowing in huge amounts to politicians at all levels – all funded, of course, out of those higher premiums you pay.