Paul: Insurance Should Be Available for $1 a Day — Current Plan Predicated on ‘Propping Up’ Insurance Companies


Friday on MSNBC’s “Morning Joe,” Sen. Rand Paul (R-KY) made the argument that those who might lose their Medicaid coverage due to any Obamacare repeal should be offered an inexpensive option for coverage. Paul proposed a $1 a day plan and said the existing system and the current proposals were “predicated” on propping up health insurance providers, which he claimed was $15 billion annual industry that benefits from socializing its losses. “What I would like to do is legalize inexpensive insurance and you should be able to get insurance for $1 a day — I mean, you really should,” Paul said. “The insurance companies make all the money. All of this is predicated upon still, you know, propping up the insurance companies. The insurance companies hate the idea of the buying pools where you can join an association and drive prices down. They absolutely hate it because they think it might eat into their profit. They love sort of privatizing their $15 billion-a-year profit but then socializing their losses in the individual market. I have absolutely no sympathy for the insurance companies to be bailed out by the taxpayer. That $15 billion in profit, that’s where the risk should come
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Rand: Senate Healthcare Bill ‘May Be Obamacare-Plus’ on Subsidies, ‘Subsidizes the Death Spiral’

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On Thursday’s broadcast of the Fox News Channel’s “Your World with Neil Cavuto,” Senator Rand Paul (R-KY) argued that the Senate’s healthcare bill may provide more subsidies than Obamacare does. Rand said, “[W]hen we look at the bill, we actually find that with the Obamacare subsidies, not only are we keeping them, we may actually be providing more subsidies than Obamacare has. Our early estimates on the bill are that the bill may spend more in the next year or two than Obamacare does. And so, it’s hard for us to get our mind around that this is a repeal bill if we’re spending more, keeping all the subsidies, and then we’re going to start a brand new federal entitlement program where we give insurance companies money.” He added, “I keep reading it and…it sounds like Obamacare to me. It doesn’t even sound like Obamacare-lite. In some areas, it may be Obamacare-plus, on the subsidy side.” Rand later stated that the Republican bill “subsidizes the death spiral of Obamacare. It dumps a bunch of federal money, taxpayer money, or borrowed money into the insurance industry and says, ‘Hey, please lower the prices if we give you money.’” Follow Ian Hanchett on
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Rand Paul on Senate GOP Health Care Bill: ‘Looks Like We’re Keeping Obamacare, Not Repealing It’


Thursday shortly after Senate Republicans released their version of health care legislation, Sen. Rand Paul (R-KY), who has been skeptical of Republican efforts, went told MSNBC’s Kasie Hunt it appeared that the bill would keep Obamacare instead of repealing it. “We’re going to have a statement in about an hour and my concern from what I’ve been able to see so far — it looks like we’re keeping Obamacare, not repealing it,” Paul replied. When he was asked by Hunt if he was a “no” vote, Paul said to wait for the forthcoming statement. Follow Jeff Poor on Twitter @jeff_poor
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Rand: ‘Nobody Would Have Survived’ Baseball Shooting Without Capitol Police, ‘It Would Have Been a Massacre Without Them’


On Wednesday’s broadcast of CNN’s “New Day,” Senator Rand Paul (R-KY) credited Capitol Police officers on the scene for preventing the shooting at a Congressional baseball practice from turning into a “massacre.” Rand said, “I can tell you, that I think with absolute certainty, nobody would have survived without the Capitol Hill Police. They saved everybody’s life. Incredibly brave and deserve everyone’s praise, because, with this guy, who knows what his — how heavily armed he was, but nobody else had a weapon. So, he was just killing everyone — he would have. … They deserve our gratitude for saving — it would have been a massacre without them.” Follow Ian Hanchett on Twitter @IanHanchett
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