You scratch my back, I’ll scratch yours.
The insurers having nothing to lose, Obama has already promised them they will get a taxpayer-funded bailout for any losses incurred because of Obamacare.
Via WaPo:
Much has been made about Americans for Prosperity’s prodigious spending on an ad campaign opposed to the new health-care law.
But another player, which is casting the program in a different light, is giving the conservative advocacy group a run for its money: the health insurance industry.
Companies such as Cigna and Kaiser Permanente poured about $40 million into television ads specifically related to Obamacare between Dec. 1 and Feb. 8, according to ad tracking firm Kantar Media. That is far more than AFP, which as of last week had dropped about $27 million on ads since August attacking politicians who supported the program.