The fact is that the free market is reacting to the burdens of socialism and Obama and the Dems can't control that...I got as hunch a lot more companies will put the heat on Obamacare before Nov 2.
It's the old Soviet model, comrades.
BS. The white house lies.
They have mandated that an insurance company can NEVER have more than 15-20% of premiums go for overhead costs: workers, advertising, profit, etc.
Notice there is no provision for the difference between good, bad, and average years.
What if 2011 turns out to be a bad year for claims and and it takes 99% of premiums to pay for those claims? Is there a provision that they get to go in and demand their overhead and profit? Hardly.
How do the insurance companies handle it? There are good years, too. Some years the claims amount to only 65% of the premiums. And then there are the good years.
It balances out over time.
Essentially, Congress has signed legislation that forbids fluctuations in markets.
They are idiots and I despise them for the idiots they are....refusing to real or allow to be read their stupid legislation.
Clean house. Clean senate.
Throw the bastards out.
IOW the 'law' is only symbolic and will be 'enforced' as necessary...
thats not a backing down to me, more of an overt threat that they will do whatever the hell they want to non conformers...
This is exactly what they were planning.
Every decision is now a political one. The law is whatever the Secretary or who she appoints decides it is.
Everyone, from huge companies on down has to kowtow to the politically anointed one for their very existence.
Can you spell TYRANNY???????
This “exercise her discretion” is unacceptable. It is a violation of “equal protection under the law” and an invitation to bribery and other forms of corruption.
Ha haaaaa!!! Ubama is issuing exemptions from UbamaCare?
Gee. I wonder how much of a campaign contribution MickeyD’s will have to make to the DNC for this special dispensation.
Looks like things are unraveling pretty fast for obamacare if McD's can force them to capitulate.
This sure is timely in light of the elections.
This is how fascism works, an arcane , draconian law is not enforced for favorites, but political enemies do not get the same favors.
Get the message yet folks?Support Obama and he will protect you fron his vile laws, but if you oppose Obama,then the nasty laws he has passed will get you and take all you own, thanks to IRS enforcement of the Health Care Law.
I just heard 6 million rifle bolts cycle a round into their breeches!
I detest Obama and everything about his liberal fascist junta. Obama is a parasite on America.He must go!
Eff his Health Care!
So obama is now running a mob-like protection racket?
Once again, Democrats show their contempt for Equal Protection under the Law.
Ahhh...The Corruption Enablement Act is working as intended.
I get more shocked every day with this Administration....
This is the socialist dream: Every business in violation, every individual a paper criminal; at the mercy of the whims of the State which may, at it's discretion, drop the hammer at the moment of it's choosing.