At the risk of understatement, Obamacare is a mess.
It’s even been bad for some of the special interest groups that backed the legislation. The big insurance companies supported the law, for instance, because they thought it would be good to have the government force people to buy their products.
And these corrupt firms even got a provision in the law promising bailouts from taxpayers if the Obamacare system didn’t work.
Given the miserable track record of the public sector, that was probably a crafty move.
But the companies mistakenly assumed their sleazy pact with Obama, Pelosi, and Reid was permanent. Fortunately, their Faustian bargain appears to be backfiring.
Senator Marco Rubio has led the fight to stop bailouts for the big insurance companies.
Here are some excerpts from his recent column
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