Rand Paul: “Obscene” Obamacare Premiums Will Continue To Skyrocket
Senator blames “compliant big government Republicans” for health care fail
Steve Watson
Prison Planet.com
July 28, 2017
Weighing in on the GOP’s failure to repeal Obamacare, Rand Paul, who has been outspoken in his support for replacing the health care legislation, has warned that insurance premiums will continue to skyrocket.
Writing for Rare, Paul warned “What will happen now that the Obamacare repeal has failed? The same thing that was already happening: Premiums will skyrocket. Insurers will exit, leaving monopolies or vacuums, and Americans will have less choice.”
Paul blamed the GOP ‘losing its nerve’ and abandoning real repeal on “billion dollar insurance companies.”
“The insurance industry, titans of crony capitalism, whined and whined that repeal alone would cause premiums to rise. Insurers to drop out. Americans to lose coverage.” Paul urged.
“What did the insurance companies want? Well, your money of course.” Paul stated, adding that the insurance companies “lobbied hard, for a giant insurance bailout superfund. And, with compliant big government Republicans, they finally porked it up to nearly $300 billion. Obscene.”
Paul lamented the failure of the Republican replacement bill, saying that while it “wasn’t perfect,” it did represent a “clean repeal”.
“It would have forced all parties to legislatively resolve the wreckage of Obamacare.” Paul explained.
“Again, premiums will continue to skyrocket. Insurers will continue to exit. The death spiral of Obamacare will continue.” Paul warned, noting that it is “sad” that there will now be “more federal intervention into what should be a very private and personal matter.”
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