U.S. lawmaker wants insurers, govt. to share future pandemic business losses

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U.S. legislation introduced on Tuesday would create a taxpayer-backed insurance program to protect businesses from revenue losses during future pandemics and require insurers to pay a slice of the claims.

FILE PHOTO: Chairwoman of the House Government Oversight and Reform Committee Carolyn Maloney leads a hearing about coronavirus preparedness and response on Capitol Hill in Washington, U.S., March 12, 2020. REUTERS/Joshua Roberts -/File Photo

While these policies may cover revenue losses from lightning strikes or cars crashing into buildings, they either exclude or do not specifically cover a pandemic, despite the business interruption it causes. Instead, they proposed putting the Federal Emergency Management Agency in charge of a fully taxpayer-backed program to protect businesses from future pandemic revenue losses.

 

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Democrat no doubt

No problem. Everyone’s premium will be doubled.

Baloney Maloney

yeah so Applebee’s gets a social safety net but if you get sick and end up broke they will throw you in the landfill. Cool!

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U.S. lawmaker wants insurers and taxpayers to share payouts for future pandemic business lossesU.S. legislation introduced on Tuesday would create a taxpayer-backed insurance program to protect businesses from revenue losses during future pandemics and require insurers to pay a slice of the claims. Why should taxpayers pay so $BA and $DAL go back to their highs which were based on company stock buybacks? On top of paying for trumps golf too FUCK that idea.
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