Taxpayer money to bailout Insurance Companies?

According to a recent Fox News article, Republican senators have introduced a new bill that would prevent taxpayer money from being used to prop up the industry. Florida senator Marco Rubio, along with a half-dozen other Republican senators, introduced what they call the “ObamaCare Taxpayer Bailout Protection Act”. The article states that “It would strip a provision in the Affordable Care Act pertaining to so-called "risk corridors," which could allow the government to pay insurance companies to offset financial losses.” Senator Rubio reported to Fox News, "The idea that the federal government should be bailing out insurance companies in order to make ObamaCare work, that's not something a lot of people are aware of… And I haven't taken a poll on it, but I guarantee you it would be hugely unpopular." I agree with Rubio, the President should not be using taxpayer’s money to help bailout insurance companies because he is the main reason ObamaCare is in effect. This issue would not have arisen if there weren’t a national healthcare in place. We do not pay taxes so that the Government can bailout companies. We  should be paying taxes for things that benefit us, such as protection, education, and highways, and not using the money for things such as bailouts. Perhaps the Government should spend our taxpaying dollars to something more useful.

http://www.foxnews.com/politics/2013/11/20/senators-push-bill-to-prevent-insurance-industry-bailout-over-obamacare/