Posted on 11/14/2013 12:16:21 PM PST by sheikdetailfeather
(CNSNews.com) - After President Obama unilaterally changed his health care law on Thursday, the insurance industry issued a warning."Changing the rules after health plans have already met the requirements of the law could destabilize the market and result in higher premiums for consumers," said Karen Ignagni, president and CEO of America's Health Insurance Plans (AHIP). Here's Ignagni's full statement:
(Excerpt) Read more at cnsnews.com ...
But if you let customers off the hook of the individual mandate, we will not have the projected revenue to cover the projected risk pool.
So, America's insurance industry, welcome to the Obamacare you supported. You will now be blamed for the cancelled policies. (Why didn't you uncancel them - Barry said you could?) And you will suffer heavy losses because you aren't going to sell all those new, gold plated policies you were promised you could. Have a nice day.
They are not half a greedy as the Senators who hadn't submitted a budget in 4 years ,
have shown no accountability for expenses
and who legally steal money from the citizenry through unbridled taxation !
How many hospitals will have to close down due to anticipated staff shortages and lack of physicians due to ObummerCrap ?
The problem with healthcare expenses is accelerated by the ignorance of this administration ~ rookies, amateurs, and liars !!
" The Smartest Man in the Room" .. hurrumph !!
Flashback: Obama: Premiums Will Decrease 3000% So You Should Get A Raise When H’care Is Passed
YouTube (Townhall.com video) ^ | March 15, 2010
http://www.freerepublic.com/focus/f-news/3019102/posts
http://www.youtube.com/watch?v=lUd-slJc-GY
Buy popcorn company stock!
I don't think the individual mandate was rescinded at the press conference today. The administrative fix is just to ignore the law for a year.
Yep, but if you tell those uninsured “young healthies” they won’t be fined, excuse me Justice Roberts, er taxed if they don’t buy, they probably won’t and the insurance companies will be out to dry next year.
They should have added that they don’t understand if it is even legal for the president to do that, and they are stuck in a position where they have to diced which law to follow- the one Congress passed and the president signed, or the new presidential declaration, which did not follow any legislative procedure.
That problems still exists. Yutes that never had insurance can’t go back to an old plan. They will need to get it from work or an exchange. If they don’t they will be taxed.
I wonder if this means that the 106,000 who got an insurance quote through the exchange will now find the premium they were quoted going up as well.
That is perfectly stated!
It looks like the Crown-Prince-nobama-Sh**-Sandwich has an added layer of “meat”. Enjoy!
In 2015.
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