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White House Warns Insurers Against Rate Hikes [Jawohl, Mein Fuhrer!]
The Wall Street Journal ^ | September 9, 2010 | Janet Adamy

Posted on 09/09/2010 4:27:18 PM PDT by 2ndDivisionVet

click here to read article


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To: 2ndDivisionVet

ours went up 60%


41 posted on 09/09/2010 5:41:30 PM PDT by martinidon
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To: 2ndDivisionVet

42 posted on 09/09/2010 5:43:27 PM PDT by raybbr (Someone who invades another country is NOT an immigrant - illegal or otherwise.)
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To: y6162
should get interesting when insurers revolt

That's the idea. Run private enterprise into the ground. Enact National Socialist Healthcare. Plead like a serf to your Congressman to pulls strings to get care for your child or spouse.

43 posted on 09/09/2010 5:44:05 PM PDT by Jacquerie (The law is reason unaffected by desire.)
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To: LouAvul

See #1:
http://www.hamsayeh.net/hamsayehnet_iran-international%20news1437.htm


44 posted on 09/09/2010 5:51:27 PM PDT by fhayek
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To: screaminsunshine

“Aha! Here comes the wage and price control”

No way. By sending a letter Obama shows he is going to do nothing about it but give hot air.

Just like his fake words against the insurance companies during the Obamacare fight.


45 posted on 09/09/2010 5:59:15 PM PDT by Shermy (Smoot Hawley caused the Depression, FDR saved us from the Depression. Two Big Lies.)
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To: LostInBayport

“try to spin this as anything other than socialism, communism..”

It is not socialism or communism. Those are command economies. This bluff merely is a threat to not allow some companies more government money if they don’t understand they have to ease people into Obamacare.


46 posted on 09/09/2010 6:01:13 PM PDT by Shermy (Smoot Hawley caused the Depression, FDR saved us from the Depression. Two Big Lies.)
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To: Recovering_Democrat

“This White House can piss off. They are going to get such a damn shellacking come November.”

Not likely if you consider the dickweeds running the GOP!


47 posted on 09/09/2010 6:02:43 PM PDT by chooseascreennamepat (Reid: Why, oh why, are they picking on me?)
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To: hinckley buzzard
The final test for the country and the republicans, if they take the majority, will come early--to stand up to this tyranny in a Constitutional showdown or to fold their tents and slink away. We will not have long to wait after January when Congress convenes.

Agreed. The republicans better not cow-tow to "minority rights" whining by the RATS or pull their RINO arms out of their sockets by reaching across the aisle in a "show of bipartisanship".

They'd darned well better decide to do what's right for the electorate and tell the drive-by media to bugger off.

48 posted on 09/09/2010 6:08:55 PM PDT by prairiebreeze (The Professional Left: Using Your Money to Promote Their Ideology Since the 1930's)
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Comment #49 Removed by Moderator

To: fhayek

My theory all along has been that these rate hikes are part of the plan. They’re going up by an especially steep percentage this year, due to Obamacare’s passage. This is all going to hit in the fall, during “open enrollment” season - and right before the election. Once everyone starts seeing these big increases, the democrats will then say, “see how high the rates went up this year? See how out-of-control the insurance companies are? We implemented Obamacare just in time to save you!” And the gullible will buy it. I’m just praying that there are now more of us than there are of them - or, at least, that the gullible are too darn lazy to vote.


50 posted on 09/09/2010 6:09:19 PM PDT by FreedFromNY
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To: MrEdd; All
"O’bonghit swings and misses again."

Photobucket

51 posted on 09/09/2010 6:13:33 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: 2ndDivisionVet
"It's a basic law of economics that additional benefits incur additional costs,

That's the problem. This administration doesn't know or understand any of the basic laws of economics, and feels that they shouldn't apply to them.

52 posted on 09/09/2010 7:03:14 PM PDT by CharlesWayneCT
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To: LouAvul

“Does this idiot not know what price ceilings do to an industry?”

Yes he does. Remember his objective is the public option. He wants to destroy the private insurers and leave the government as the only insurer. No different than the student loan business.


53 posted on 09/09/2010 7:32:06 PM PDT by Soul of the South (When times are tough the tough get going.)
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To: 2ndDivisionVet

Insurance is forbidden in Islam. A one-year supply of food, no, but........

From “sweetness and light”: http://sweetness-light.com/archive/health-insurance-is-forbidden-under-islam

“Islam Q&A: Health Insurance Is ‘Haraam’
Just one of many fatwas on the subject from the holy men at Islam Question and Answer:

Ruling on working in insurance companies or broker companies when insurance becomes obligatory
Health insurance is going to be compulsory for all companies and associations in our country. The insurance company will not have direct relationship with companies or associations, as there will be brokers in between, this is also compulsory.

The question is: What is the ruling on working for these brokers? Its role is basically introducing offers to companies and individuals and dealing with claims.

Praise be to Allaah.

Firstly: Health insurance is haraam like other types of commercial insurance, because it is based on ambiguity, gambling and riba (usury). This is what is stated in fatwas by the senior scholars. See the answer to question no. 39474 and 4210.

In Fataawa al-Lajnah al-Daa’imah (15/277) there is a quotation of a statement of the Council of Senior Scholars concerning the prohibition on insurance and why it is haraam: .......


54 posted on 09/10/2010 8:10:42 AM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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