A Quote by Steve Scalise

We shouldn't be bailing out insurance companies under ObamaCare.

Steve Scalise

Quote Topics

Bailing Out Companies Insurance Insurance Companies Obamacare Out

Quote Author

Steve Scalise
American - Politician
Born: October 6, 1965

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

So, it's pretty crazy. Look, we're bailing out Wall Street, we're bailing out banks, we're bailing out car companies. In fact, did you know there's a special box on your tax form this year you can check if you want a portion of your taxes to actually go to running the government?

Jay Leno

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

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

Obamacare is collapsing. It's dead. It's gone. There's nothing to compare anything to because we don't have health care in this country. You just look at what's happening. Aetna just pulled out. Other insurance companies are pulling out. We don't have health care. Obamacare is a fallacy. It's gone.

Donald Trump

Republicans who oppose Obamacare have a responsibility to show that they can do better - not return us to the days when insurance companies alone decided who to cover for what benefits at what price. Otherwise, they should move beyond the repeal fights of the past, accept Obamacare as the law of the land, and work with us to make real improvements.

Jan Schakowsky

In truth, in the fairy-tale version of bailing out Lehman, the next domino, A.I.G., would have fallen even harder. If the politics of bailing out Lehman were bad, the politics of bailing out A.I.G. would have been worse. And the systemic risk that a failure of A.I.G. posed was orders of magnitude greater than Lehman's collapse.

Andrew Ross Sorkin

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

The fundamental problem of Obamacare is the insurance mandates. When you mandate what has to be insurance, it elevates the price. And when you tell people they can buy insurance after they're sick, they will. And you get what's called adverse selection.

Rand Paul

The real problem with Obamacare has little to do with the number of people signing up, and a lot to do with the restrictions on insurance companies and reimbursement rates to doctors.

Ben Shapiro

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

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.

Sanjay Gupta

What the insurance companies have done is to reverse the business so that the public at large insures the insurance companies.

Gerry Spence

Obamacare's not imploding. The main goal of Obamacare was two-fold. One was to cover the uninsured, of which we've covered 20 million, the largest expansion in American history. The other was to fix broken insurance markets where insurers could deny people insurance just because they were sick or they had been sick. Those have been fixed, and for the vast majority of Americans, costs in those markets have come down, thanks to the subsidies made available under Obamacare.

Jonathan Gruber

President Obama said, oh, we want to make insurance perfect for people, but he added all these regulatory mandates, made it too expensive. Young, healthy people didn't buy it, and the people remaining in the insurance pool were sicker and sicker. That's the adverse selection and the death spiral of Obamacare. And so really we do need to discuss the intricacies of what worked and what didn't work in Obamacare. And I think the better way to do this is to let individuals have the freedom to choose what kind of insurance is best for them. The government doesn't always know best.

Rand Paul

Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos.