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Washington, DC- FreedomWorks delivered a coalition letter signed by 33 national groups and health care experts to Senator Marco Rubio (R-FL) and Representative Tim Griffin (R-AR) in support of their efforts to eliminate Obamacare risk corridor payments – also known as the impending secret bailouts of insurance companies.
FreedomWorks Vice President of Public Policy Dean Clancy commented, “Private insurance companies are colluding with government to privatize the profits of the health insurance industry, while socializing the risk. Taxpayers will already be subsidizing insurance companies to the tune of over a trillion dollars over the next decade. These ‘risk corridors,’ designed as a bailout for insurance companies, could cost taxpayers tens of billions of dollars more pending a collapse of the ObamaCare exchanges. Where will it end?”
FreedomWorks drafted the letter and gathered the signatures of 33 national groups and health care experts, representing the views of millions of Americans. FreedomWorks activists have already sent over 17,000 messages to their members of Congress, urging them to pass these important bills.
FreedomWorks is a grassroots service center to a community of over 6 million activists who believe in individual liberty and constitutionally-limited government. For more information, please visit www.FreedomWorks.org or contact Jackie Bodnar at JBodnar@FreedomWorks.org.