…nevermindPosted on 11/15/2013 5:01:25 AM PST by jmaroneps37
Thanks to pjmedia.com we have this comment on King Barack’s latest healthcare edit.
It comes from David Oscar, the communications chair for the New Jersey Association of Health Underwriters and a partner at Altigro Financial Group. He had this to say regarding Obama’s scheme to trick low information voters with a one-year restoration of canceled plans:
“I do not know how the insurance carriers and federal government are going to be dealing with this. First, many states require a 60-day notice of a change in plan or a cancellation. It’s November 15! How can they comply with this new element of federal law, and with their state laws?"
“Second, do they really think carriers are going to be willing to recreate the old plans, while also being mandated to offer the new ones that comply with the exchanges?"
"I have a large number of clients, small to medium-sized businesses, who would much rather renew their old policies on 12/1 than sign up with the newly mandated exchange policies. Everyone is going to want the old ones! You really expect the insurance carriers to willingly deal with the financial loss and legal headaches of switching back?"
"It is going to be very difficult for carriers to honor this.”
…nevermindIt took years at a massive cost to plan out compliance with the ACA, design and set the tiers for coverage and sign all the contracts with providers to prepare for the disaster of obamacare. Now at the last minute Obama steps in and says “just kidding!”?
History will look at Obama as an 8 year comedy routine, but the joke is on all of us.
News this morning is that Obama wants a closed door meeting with insurance execs.
I’m guessing it will be an offer they can’t refuse.
Money heals all wounds. There is a meeting today between Obama and Insurance officials. The bribe will be offered to cover Obama’s ass. That Risk Corridor cash will be offered(a bribe)(illegal?). Obama doesn’t care that that cash was aside only in regards to ACA polcies. Hisass needs cover so he doesn’t look like a liar.
What a crook and a crock.
Exactly, see my post below.
Whatever he tell them, they’d be fools to believe him for a second.
But everyone has his price.
I imagine horse heads will be part of the presentation.
There’s another obstacle in Obama’s way - the state insurance commissioners. Quite a few of them don’t want to play.
Actually, this isn't a "new element of federal law" - the law is not changing. Obama just said he is making a conscious decision not to enforce existing law and inviting insurers to break that existing law with the promise he won't prosecute them. Aside from being unethical and destroying the concept that we are a nation of laws with checks and balances, this is blatently unconstitutional.
The FIX......just postpone until after the 2014 elections.
Obamacare SolyndraCare
One thing about leftists is that they REALLY REALLY like to trust in “experts”,
even if those “experts” are pontificating on something outside of their expertise.
They’ll probably believe Obama over this guy.
They're not just being asked to re-create the old plans, they're being asked to do it and then throw it all out (again) in a year.
I imagine money will be the major part of the presentation. It’s another take over of private industry through crony capitalism.
I think you are on to something. Vast amounts of money will be offered with a hint that those who don't go along with Obama will find that their and their companies lives will become very difficult.
How could they ever trust anything he tells them? This new proposel is premised on Obama's "promise" not to prosecute them for violating the current law regarding what they can offer - the law hasn't changed. If this pproposeal goes south on Obama do they really believe he won't renege and hammer them claiming what they are doing is not what he said he wouldn't prosecute them for? This is exactly what he's doing right now in trying to claim he didn't break his "You can keep your insurance" promise. "Fool me once...."
king barry wants the moon and there you go bringing math and logic into the mix.
Obama’s ‘fix’ was like trying to remove the eggs from cake batter before sticking it in the stove.
By pushing the ‘fix’ onto state insurance commissioners, Obama is trying to set up them and the insurance companies to take the blame.
The ‘fix’ will be too costly for both consumers and insurance companies — and it will only be viable for 1 year.
Obama tries to get a do-over and ends up with more egg on his face.
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