Yes, I just want to bring that into perspective. So rebates are $1.6 billion, but the government is collecting $8 to $14 billion from those exact same insurance companies.
Ron Johnson
The Public Record
Ron Harold Johnson is an American businessman and politician currently serving as the junior United States senator from Wisconsin, a position he has held since January 3, 2011. A member of the Republican Party, Johnson has focused on issues such as fiscal responsibility, healthcare reform, and government accountability during his tenure in the Senate. He has been an outspoken advocate for reducing the federal deficit and has often emphasized the need for economic growth through private sector initiatives.
Yes, I will be the first to admit here that almost everything here in government is well intentioned, but there are some very serious negative unintended consequences.
According to the Manhattan Institute for Policy Research, in the State of Wisconsin, a 27-year-old male after the Affordable Care Act, their premiums now are 124 percent higher than they were than pre-patient protection Affordable Care Act.
My opposition to this healthcare law, by the way, which was passed on a 100 percent totally partisan basis.
So I am asking you, what would be the average profit rate for a for-profit insurance company?
I am the one pushing a bill, If You Like Your Healthcare Plan, You Can Keep It Act.
He declared the war on terror over, and now we are having a hearing, and there is no proposal.
I would like to see the administration propose what it needs in a refined Authorization of Use for Military Force.
It was regrettable, and I would say it was offensive--seeing as I am the only one in the room really talking about opposition, that you would play the race card, that you would say opposition to Obamacare necessarily must stream from some…
If these are excess profits or we have not delivered good value to customers, where is the breakdown in the marketplace?
I agree with President Obama, no American should go bankrupt because they get ill, but we did not have to pass this monstrosity.
Do you deny the fact that Google and Yahoo! have an enormous free market incentive to make sure that this criminal activity does not occur on the networks?
I guess the other thing I want to get to is some sort of Federal preemption on data breach, so that we have a data breach standard.
the first step that we need to take in terms of cybersecurity is information sharing.
I come from a manufacturing background, so we have gone through ISO certification.
But I want to make sure it is a cooperative one, not potentially somebody who is set up in business and is actually hostile to some of the actors in the room.
I mean, literally what are we talking about in terms of the level of flexibility we are going to need if we are going to have any hope?
You really do not think Yahoo! or Google have an enormous financial incentive to try and police this stuff and prevent it from happening?
Doesn't Yahoo! and Google, don't they have enormous financial incentives to try and police this and prevent malvertising and malware?
So you are actually talking about enforcement; you are talking about going after criminals and enforcing and penalizing the criminals.





