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December 5, 2013

IBD/TIPP Poll: Two-Thirds Oppose Any ObamaCare Insurer Bailout

Topics: Political News and commentaries


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The latest IBD/TIPP Poll found that the public overwhelmingly opposes any ObamaCare bailout of the insurance industry, even as the Obama administration is paving the way to do exactly that:

The survey found that 65% oppose a federal bailout of insurance companies that find their profits hit because not enough young, healthy people sign up for ObamaCare plans.

Opposition is widespread, the poll of 907 adults found, with 51% of Democrats, 71% of Republicans and 76% of independents against it. It's opposed by every age and demographic group as well.

Although few people knew about it until recently, the health law contains a three-year "risk corridor program" designed to bail out insurers if costs were higher than anticipated from too few young people enrolled.

More here ...

Posted by Hyscience at December 5, 2013 11:23 PM

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