Viable fix for individual market may be non-starter (Let the bailout talks begin...)

Politico ^ | 11/12/13 | JENNIFER HABERKORN and BRETT NORMAN

[jimbo123]

It’s not so easy to repair the White House’s broken promise that millions of consumers would be able to keep their insurance coverage under Obamacare, according to several health and insurance industry experts.

President Barack Obama apologized Thursday to the Americans who are losing their coverage despite his pledge and has ordered aides to look into options to try to fix the problem. But there are no obvious solutions that would restore their plans without significantly disrupting the insurance market.

-snip-

The White House is “just reacting to one broken promise by imposing a much larger and harmful one: our promise to insurers that if they priced fairly, we would deliver a broad pool of insured,” Gruber wrote in an email. “If you allow the healthy enrollees to stay out in their old policy, the insurers lose money and the program falls apart.”

[jimbo123]

It's Bailout time again. Now we know why the health insurance companies donated so much to McConnell and Boehner.

[cicero2k]

I smell VAT talk in our near future.

[Rapscallion]

The apology is cheap. He needs to correct his lie and stick to his promise, and let people keep what they like.

[Diana in Wisconsin]

I wish I were too big to fail...

[BitWielder1]

It must be great to be in the government.
You get to spend other peoples money money to break things and even more to fix it (i.e. break it even more), then ask for even more money to fix that.
And so on.

[jimbo123]

Mitch McConnell and John Boehner’s insurance company donors are going to be deemed Too Big To Fail before the end of the year. It’s starting all over again...

[jimbo123]

I think the upcoming ObamaCare insurance company bailout has been a done deal for a while. It’s not a surprise that Boehner and McConnell voted against defunding it. No bailout would be allowed if it had been defunded.

[varon]

The apology is cheap. He needs to correct his lie and stick to his promise.......................

HE DIDN'T APOLOGIZE! He insulted the American people even more by claiming he's sorry that we are too dumb to have understood what he really meant!!! It's our fault, doncha see..............

At least we have an excuse for being dumb, we went to public schools. I suppose his excuse for lying is his Communist indoctrination!.!.!

[Portcall24]

In addition to Income Tax. Not so long ago they talked replacement for Income Tax but that ship (HMS Titanic) has sailed.

[VRW Conspirator]

Jennifer and Brett, I read

... to repair the White House’s broken promise that millions of consumers would be able to keep their insurance coverage under Obamacare...

Then I stopped reading. A blatant lie to deceive everyone is not a broken promise. Got it? It was a coordinated effort to shove the unworkable plan down our throats