Picture, Joke, And Quote Of The Day

Picture of the Day:



Joke of the Day: 


Quote of the Day:

  "First, it postponed the employer mandate. Then it exempted from the individual mandate people whose policies were canceled (by Obamacare). And for those who did join the exchanges, Health and Human Services Secretary Kathleen Sebelius is “strongly encouraging” insurers — during the “transition” — to cover doctors and drugs not included in their clients’ plans.

The insurers were stunned. Told to give free coverage. Deprived of their best customers. Forced to offer stripped-down “catastrophic” plans to people age 30 and over (contrary to the law). These dictates, complained an insurance industry spokesman, could “destabilize” the insurance market.

Translation: How are we going to survive this? Shrinking revenues and rising costs could bring on the “death spiral” — an unbalanced patient pool forcing huge premium increases (to restore revenue) that would further unbalance the patient pool as the young and healthy drop out.

End result? Insolvency — before which the insurance companies will pull out of Obamacare.

Solution? A huge government bailout. It’s Obamacare’s escape hatch. And — surprise, surprise — it’s already baked into the law.

Which is why the GOP needs to act [to ban any bailout of insurers]... Such a bill would be overwhelmingly popular because Americans hate fat-cat bailouts of any kind. Why should their tax dollars be spent not only saving giant insurers but also rescuing this unworkable, unbalanced, unstable, unpopular money-pit of a health-care scheme?" --Charles Krauthammer.