President Obama has mentioned in several of his speeches that health insurance companies receive BILLIONS of dollars in tax payer subsidies. What exactly do these subsidies pay for and through what method? (I know through subsidies, but are they direct or are they given in a quarterly or yearly basis?). Please give examples and/or provide links to available documented information.
Insurance - 2 Answers
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1 :
The only health insurance programs that currently receive billions in taxpayer subsidies, are Medicare, Medicaid, Medicare Supplemental programs, and SCHIP - state children's health insurance programs. Welfare based health insurance, run by state and federal governments. Our EXISTING government run health insurance programs.
2 :
seems to be like they will raise your taxes, use it to put in a government runned pool. Force everyone to get health insurance for cheaper rate, when it's time to pay the claims, money come from the pool or when claim is over certain limit. Anyway, it's bad news, it's not reform or helping, in fact it will raise taxes, and force people to pay
