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FreedomWorks Wants Aetna to Scrap ObamaCare Bailout

Will Donald Trump win the 2024 election?

Buried in the ObamaCare law is a provision that provides a taxpayer bailout of health insurance companies if they lose money on the health care exchanges.

FreedomWorks is urging Aetna not to block The ObamaCare Taxpayer Bailout Prevention Act (S. 1726 and H.R. 3541) that would stop the insurance company bailout.

The bill was introduced by Senator Marco Rubio (R-FL) and Representative Tim Griffin (R-AK).

Tim Carney of The Washington Examiner writes:

FreedomWorks, a prominent Tea Party group, is launching a campaign against the insurance bailout created by Obamacare’s “risk corridor” provisions. In addition to pressuring lawmakers, FreedomWorks is pressuring CEOs against lobbying for a bailout, or accepting a bailout.

Matt Kibbe, president and CEO of FreedomWorks, wrote to Aetna’s CEO in a letter to be made public later today: “I demand that you refrain from lobbying either directly or indirectly (as through the U.S. Chamber of Commerce) against” Marco Rubio’s bill to block the Obamacare insurance bailout.

FreedomWorks Senior Fellow Tom Borelli told Carney:

“Big business was crucial for making Obamacare the law of the land,” Borelli told me, “and we view big business as the key for killing Obamacare.”

Any plan for a taxpayer bailout goes against the principles of Tea Party activists and the free-market.

Take action now and send a message to Congress – sign up at FreedomWorks’ initiative Stop the ObamaCare Bailout.

Deneen Borelli

Deneen Borelli is the author of Blacklash: How Obama and the Left are Driving Americans to the Government Plantation. Deneen is a contributor with Newsmax Broadcasting. She is a former Fox News contributor and has appeared regularly on “Hannity,” “Fox & Friends,” “Your World with Neil Cavuto,” and “America’s Newsroom.” She has also appeared on Fox Business Network programs “Making Money with Charles Payne,” “The Evening Edit with Liz MacDonald,” and “Cavuto: Coast to Coast.” Previously, Deneen appeared on MSNBC, CNN, the BBC and C-SPAN. In addition to television, Deneen co-hosted radio programs on the SiriusXM Patriot channel with her husband Tom. Recently, Deneen co-hosted the Reigniting Liberty podcast with Tom. Deneen is a frequent speaker at political events, including the FreedomWorks 9.12.2009 March on D.C. which drew a crowd estimated at over 800,000 people. Deneen is also an Ambassador with CloutHub.com, a social media platform that promotes free speech, and with the America First Policy Institute (AFPI) which advances policies that put Americans first. Deneen testified before the U.S. House of Representatives Committee on Natural Resources in May 2011 and before the Ohio House Public Utilities Committee in December 2011. Previously, Deneen was a BlazeTV.com host, Outreach Director with FreedomWorks.org overseeing its Empower.org outreach program, a Project 21 Senior Fellow, and Manager of Media Relations with the Congress of Racial Equality (CORE). Prior to joining CORE, Deneen worked at Philip Morris USA for 20 years. During her corporate career at Philip Morris she worked in various positions, her last as Project Management Coordinator in the Information Management department where she was responsible for the department’s mandated quality processes, communications, sales information and database management. Deneen began her Philip Morris career as a secretary and advanced to positions of increasing responsibilities. Deneen worked full-time and attended classes at night for 11 years to earn her B.A. in Managerial Marketing from Pace University, New York City. Deneen served on the Board of Trustees with The Opportunity Charter School in Harlem, New York. She appeared in educational videos for children, worked as a runway fashion model, and auditioned for television commercials. Her interests include ancient history, pistol target shooting, photography, and volunteering at her church. Deneen currently resides in Connecticut with her husband Tom.

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