A Quote by Rand Paul

The insurance companies make about $15 billion a year. They have doubled their profit margin under Obamacare. And so now we're going to take a lot of this and call it a stabilization fund, but really it's a bailout of insurance companies. And I just think that's wrong. I just can't see why ordinary, average taxpayers would be giving money to very, very wealthy corporations. An analogous situation would be this: We all complain that new cars cost too much. Why don't we have a new car stabilization fund and give $130 billion to car companies?

Rand Paul

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Quote Author

Rand Paul
American - Politician
Born: January 7, 1963

The money in the stabilization fund, $130 billion which I call an insurance bailout, is put in to try to cure the adverse selection that Obamacare created by making insurance too expensive. Healthy people didn't buy it. They tried to fix this by forcing young people to buy it through an individual mandate. Even that didn't work. So the way the Republicans fix it is they don't actually fix it. They subsidize it. So we have to fix what went wrong with Obamacare, not just recapitulate something that's broken.

Rand Paul

Why do investors seem to care about 'billion dollar exits?' Historically, top venture funds have driven returns from their ownership in just a few companies in a given fund of many companies.

Aileen Lee

Obamacare is dead. Obamacare right now, all the insurance companies are fleeing. Places like Tennessee have already lost half of their state with the insurance companies. They're all going. Obamacare, John, is dead. Okay, because we're being - we're being compared to Obamacare. Just, so. Obamacare doesn't work.

Donald Trump

Let's fix what's broken about Obamacare, but let's not throw it away and give it all back to the insurance companies and the drug companies.

Hillary Clinton

I really have aproblem with the fact that insurance companies don't see infertility as a medical condition requiring coverage. I do want there to be some pressure on the insurance companies.

Martie Maguire

Right now in the insurance markets, we have sort of a disaster unfolding, a downward spiral, adverse selection, premiums in the individual market going through the roof. People can't afford insurance and insurance companies are losing hundreds of millions of dollars. If you repeal part of Obamacare to get rid of the individual mandate but keep some of the ideas, that people can still buy insurance after they're sick, the situation gets extraordinarily worse. And so what we're seeing now could be tenfold greater if you only repeal part of Obamacare.

Rand Paul

The premise of insurance is to spread the risk. It's the premise of homeowner's insurance, of car insurance, and of health insurance. It's one reason why it's important to have insurance when you're healthy, so that when you get sick, you won't go sign up just when you get sick, because that increases the cost for everyone.

Jeanne Shaheen

There are black companies that are very active in the economy, that are growing and not on the basis of mergers and acquisitions, but because of putting new money into their particular companies and, therefore, their particular sectors. Indeed, if they didn't do that, they would collapse as companies.

Thabo Mbeki

Actually lowering the cost of insurance would be accomplished by such things as making it harder for lawyers to win frivolous lawsuits against insurance companies.

Thomas Sowell

Why is it that private insurance companies are not in trouble because people are getting older? Aren't they subject to the same demographics? The difference is that they've accumulated a fund, not a pay-in, pay-out system.

Milton Friedman

We're going to stand with working people. We're going to take on the billionaire class. We're going the take on the drug companies and the insurance companies. We're going the take on Wall Street. That's where I think the future of the Democratic Party lies.

Bernie Sanders

Competition among insurers would bring down the cost of health care insurance, just as it brings down the cost of car or homeowners insurance.

Andrew P. Harris

I want to go further, because it was investment banks, it was insurance companies, it was mortgage companies, all of which contributed.So let's not just be narrowly focused on one part of the problem. We have a lot of issues with corporate power that have to be addressed. My plan takes us further and it would do the job.

Hillary Clinton

Insurance companies don't necessarily want to invest in your wellnes because you're likely to switch insurance companies within 10 years. They don't benefit from their investment in you.