Bloomberg/Washington Post: Obamacare Is a $1 Trillion Windfall for Insurers

Published May 15, 2012 8:27pm ET



The Washington Post reports on a new study by Bloomberg Government, which shows that the repeal of Obamacare would cost health insurance companies more than $1 trillion — yes, that’s trillion — over the remainder of this decade alone.  Why?  Because Obamacare would transfer colossal sums of money from American taxpayers, through the federal government, to private insurers — and repeal would keep that transfer from occurring. 

As the Post writes,

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