Posted on 11/14/2013 10:51:01 AM PST by Cincinatus' Wife
[Big SNIP]
Here's how Robert Laszewksi, an insurance consultant, put it in a note to clients earlier this morning:
This means that the insurance companies have 32 days to reprogram their computer systems for policies, rates, and eligibility, send notices to the policyholders via US Mail, send a very complex letter that describes just what the differences are between specific policies and Obamacare compliant plans, ask the consumer for their decision and give them a reasonable time to make that decision and then enter those decisions back into their systems without creating massive billing, claim payment, and provider eligibility list mistakes.
All by January 1.
There's also worry, among health policy wonks, that allowing people to stay on these plans will be bad for the new insurance marketplaces. Anyone who enrolls in one of these pre-Obamacare plans will be kept in a separate "risk pool," meaning that their premiums are set based on their smaller group. Everyone who buys an Obamacare-compliant plan is put in a different risk pool.
The concern here is that healthier people are more likely to stay in these pre-Obamacare plans; they're probably more okay with a skimpier benefit package. And that could drive up premiums in the new Obamacare markets. A short-term fix, in other words, could become a longer-term problem for the president's health-care law.
"This puts the insurance companies," Laszewski writes, "who have successfully complied with the law, in a hell of a mess."
(Excerpt) Read more at washingtonpost.com ...
The regime in DC is trying to create a two tiered society
in the US, thinking they have a 51% majority formalize it into law.
It’s a valid concern.
That’s the plan, but I think even that is impossible because clown Obama is so stupid and ideological he didn’t take into account things like basic economics.
The insurers, even though they were culpable in going along in the first place, can’t possibly reverse this. It’s chaos, and hes bringing the entire country down with him.
As I said elsewhere, Barry bringing down the US economy and medical system with his executive orders is exactly like the band of Islamic losers bringing down the WTC with box-cutters. Its an off-the-wall assault on the whole system, something so basic and amateurish that probably nobody even thought it could happen. But it is.
So let me get this straight. People can be grandfathered into these plans for 1 year. And others will pay 5x the same amount for the same plan. Sounds sustainable to me/s
It’s almost as if there is a second grader in the depths of the White House writing these policies.
This debacle proves the genius of the Founding Fathers. If we obeyed the Constitution instead of twinks like John Roberts and Barry Obongo we wouldn’t be in this mess.
I’ve been calling him the 20’th hijacker since 08.
And Obama stickers are quietly being removed from Prius bumpers all across the Monarchy
**just read this on another blog, hilarious
Soo......
If they are non-compliant plans they are being allowed to keep, does the Obamacare fine apply (I’ll bet you can guess the answer to that)
The way Obama is getting around the Obamacare mandates is by simply declaring that they will not be enforced.
He's telling the insurance companies "Go ahead and sell policies that are no longer in compliance with Obamacare. I promise to not enforce the law against you".
It's good to be the King...
I think it *was*.
"We've got to protect our phoney-baloney jobs, Gentlemen!"
I believe the Regime knows this and is still doing it to give Democrats political cover and blame the insurance companies when it doesn't work.
Everyone with 5% of a brain can figure out insurance companies don't have enough time to switch policies BACK, only to switch policies back yet again a year from now. You can try and place the blame on the insurance companies but only the most rabid obamabots will pull up their jack boots and follow in lock step.
If Medicaid were made part of unemployment insurance, it would handle much of the "uninsured" (people no longer covered under prior employer's plan, and who can't afford to pay for COBRA). For people with prior health issues what make them uninsurable (ie, medical expenses would consume over 20% of gross income), also offer them Medicaid.
But that solution would not have the feds taking over a sixth of the economy.
If you are an insurance company and decide to reissue the cancelled policies, can you make these same policies available to others?
Just one-tenth
It is obvious this will create an even bigger mess at this point...
Yup.
It’s like cleaning up a pile of fresh dog crap by vomiting on it and then trying to wipe the whole thing up with a half-sheet paper towel soaked in cat piss.
This is like bringing a contractor a new set of plans once a week after he has started building a house. The first week it’s a sprawling ranch style. The next week it’s a Miami art-deco three story. The week after that it’s a New England Victorian style house and the lumber yard is closed six days a week and brings the wrong materials when it is open. All the while BamBam says “bring it in under cost and ahead of schedule.”
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