Quotes by Rand Paul - Page 12

Right now in the insurance markets, we have sort of a disaster unfolding, a downward spiral, adverse selection, premiums in the individual market going through the roof. People can't afford insurance and insurance companies are losing hundreds of millions of dollars. If you repeal part of Obamacare to get rid of the individual mandate but keep some of the ideas, that people can still buy insurance after they're sick, the situation gets extraordinarily worse. And so what we're seeing now could be tenfold greater if you only repeal part of Obamacare.
Rand Paul / United States Senator
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President Obama, I think, wanted what was best for the country, but I think it didn't work well. I think we have the death spiral, and I think particularly premiums in the individual market are going through the roof. Republicans want what's best for the country, but I think they're not fixing the death spiral of Obamacare. They're going to subsidize it with a lot of taxpayer money. So, characterizing something as mean or generous I think goes to people's motives, and I think it is sort of why we have such an angry country now. We think that people have ill motives.
Rand Paul / United States Senator
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President Obama said, oh, we want to make insurance perfect for people, but he added all these regulatory mandates, made it too expensive. Young, healthy people didn't buy it, and the people remaining in the insurance pool were sicker and sicker. That's the adverse selection and the death spiral of Obamacare. And so really we do need to discuss the intricacies of what worked and what didn't work in Obamacare. And I think the better way to do this is to let individuals have the freedom to choose what kind of insurance is best for them. The government doesn't always know best.
Rand Paul / United States Senator
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Rand Paul Quotes - Page 12

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