Ted Cruz On Obamacare: “It Would Be A Serious Mistake To Bail Out Insurance Companies”

Ted Cruz has been one of the few Republicans who has stood by a clean and clear repeal and replace of Obamacare. And as establishment Republicans have shied away from really dealing with the problems of socialized medicine brought on by Barack Obama, there are some like Cruz who are foretelling more problems coming down the road.

The Hill has the story:

Sen. Ted Cruz (R-Texas) on Friday warned against a “bailout” of insurance companies, a warning shot as other Republicans work with Democrats on a bill to stabilize ObamaCare markets.

“It would be a serious mistake to bail out insurance companies, rather than provide relief to the millions of Americans who are hurting under Obamacare,” Cruz said in a statement.

Cruz acknowledged that the Senate had failed again this week to pass a bill to repeal and replace the Affordable Care Act, but said that Republicans cannot give up and have to keep working.

The warning against an insurer “bailout” comes as Sens. Lamar Alexander (R-Tenn.) and Patty Murray (R-Wash.) are negotiating a bill aimed at stabilizing ObamaCare, which is expected to include funding for key payments to insurance companies known as cost-sharing reductions (CSRs).

You know it’s coming. It’s just too much to expect the old dogs who have been in congress forever are going to change overnight.

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