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President Obama, by issuing new rules that erode Obamacare’s “financial structure,” is putting the health insurance industry — and taxpayers — at risk, author and conservative political analyst Charles Krauthammer said on Sunday.

“The insurers understand that they’re going to be completely ruined,” Krauthammer said on “Fox News Sunday” with Chris Wallace. “And what’s going to happen as a result of this? There’s only one way out, a huge government bailout of the insurers is waiting at the end of next year.”