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Offline mystery-ak

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The Obamacare secret at the heart of the shutdown: insurers made billions at taxpayer expense
« on: November 11, 2025, 12:50:30 pm »
The Obamacare secret at the heart of the shutdown: insurers made billions at taxpayer expense

Subsidies were greatly expanded by the Biden administration during the COVID-19 pandemic as an emergency measure, but Democrats have fought to keep them permanent. Those subsidies went mostly to Democratic donors.

By Steven Richards

Published: November 10, 2025 10:57pm


The 42-day federal shutdown forced by Democrats thrust the economics of Obamacare into the limelight, and exposed an uncomfortable truth: An insurance industry whose executives are increasingly liberal donors has seen its earnings soar with the injection of taxpayer-funded subsidies that propped up Barack Obama's signature health program from collapse.

The nation’s largest health insurance companies have seen good business since Obamacare was first passed in 2010 and fully implemented in 2014. This has come in no small part because of federal government subsidies to the insurance industry, which government estimates show totaled $1.8 trillion in 2023 alone.

Those subsidies were greatly expanded by the Biden administration during the COVID-19 pandemic as an emergency measure, but Democrats have fought to keep them permanent.   

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https://justthenews.com/government/congress/obamacare-secret-heart-shutdown-insurers-got-rich-taxpayer-expense
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Online Bigun

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Re: The Obamacare secret at the heart of the shutdown: insurers made billions at taxpayer expense
« Reply #1 on: November 11, 2025, 01:01:15 pm »
Secret??? Hardly!
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Offline Luis Gonzalez

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Re: The Obamacare secret at the heart of the shutdown: insurers made billions at taxpayer expense
« Reply #2 on: November 11, 2025, 01:19:33 pm »
How much Pelosi made off the stock market from Obamacare is the investigation I would love to see launched.

What did she know, and when did she make the stock purchases.
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Offline Hoodat

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Re: The Obamacare secret at the heart of the shutdown: insurers made billions at taxpayer expense
« Reply #3 on: November 11, 2025, 01:25:14 pm »
Quote from: Bigun on November 11, 2025, 01:01:15 pm
Secret??? Hardly!

Ditto to that.  Conservatives were screaming this back in 2010.  Heck it was Big Insurance and Big Pharma who wrote the bill in the first place.
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Offline The_Reader_David

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Re: The Obamacare secret at the heart of the shutdown: insurers made billions at taxpayer expense
« Reply #4 on: November 11, 2025, 02:35:34 pm »
Quote from: Luis Gonzalez on November 11, 2025, 01:19:33 pm
How much Pelosi made off the stock market from Obamacare is the investigation I would love to see launched.

What did she know, and when did she make the stock purchases.

You can investigate that all you want, and maybe make some political hay out of the results, but there will be no criminal charges to be had, since Congress excluded its members from insider trading laws.

Still, it might be worthwhile if it got Congress to apply insider trading laws to its members. (But who's kidding who? They'll never do that.)
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