President Obama, by issuing new rules that erode Obamacare’s “financial structure,” is putting the health insurance industry — and taxpayers — at risk, author and conservative political analyst Charles Krauthammer said on Sunday.
“The insurers understand that they’re going to be completely ruined,” Krauthammer said on “Fox News Sunday” with Chris Wallace. “And what’s going to happen as a result of this? There’s only one way out, a huge government bailout of the insurers is waiting at the end of next year.”
That’s the issue Republicans should be focusing on right now, Krauthammer said.
On Thursday, the Obama administration unilaterally delayed another provision of the law, saying there will be no tax penalty for people who had their existing health insurance canceled because of the Affordable Care Act and who did not find new coverage as required by law.
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