The Patriot Post® · 'Risk Corridors' Paid Off for Big Insurance Companies

As we noted at the beginning of the New Year, 2015 was a good year if you were a big insurance company. From 2009 until present, the stock in the large health care insurance providers tripled in value, thanks to Barack Obama’s tilted economic playing field. It was because ObamaCare’s “risk corridors” took money from the smaller insurance companies and distributed it to the rich in an insurance-for-the-insurance-companies gone bad, or a “reverse Robin Hook effect” as the Washington Post wrote. It was one of the reasons why the co-ops, which were supposed to provide a measure of competition in the health care marketplace, fell away during 2015. The Clinton campaign is trying to scare up support by saying Bernie Sanders wants to destroy ObamaCare. But seeing how it’s performing, ObamaCare is worth destroying for a liberal or conservative leader.