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I bet most of the Insurance companies won’t offer to extend cancelled plans. For those very reasons. Contracts with providers will have expired. They aren’t prepared for it.
Some of them may have contingency plans. But I bet most have already committed to a course of action and reversing at this stage is unthinkable.
I bet most of the Insurance companies won’t offer to extend cancelled plans. For those very reasons. Contracts with providers will have expired. They aren’t prepared for it.
Some of them may have contingency plans. But I bet most have already committed to a course of action and reversing at this stage is unthinkable.
Clusterflugge Rev. 4.67
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.
Chris Wallace: “...Jerry Seib (sp?) was speculating about what the reaction was going to be from America’s insurance companies, and the answer is VERY NEGATIVE”
America’s Health Insurance Plans (the trade association for health insurance companies) put out a statement:
“Changing the rules after health plans have already met the requirements of the law, ObamaCare, could destabilze the market and result in higher premiums for consumers. Premiums have already been set for next year, based on assumptions on when consumers will be transitioning to the new marketplace.
If now fewer, younger and healthier people chose to purchase coverage in the exchanges, premiums will increase and there will be fewer choices for consumers.”
The whole actuarial table is disrupted.
Questions: In the last few days, hasn’t the WH consulted with healthcare insurers about Obama’s ObamaCare fix?
NOT!!!!
Three quick points:
1.) Tyrant Obama cannot legally change the Bill that he signed into Law.
Only the US Congress can legally change the Law, which then can be signed by Obama.
_________
2.) The MANDATORY dictate in Obamacare is the only factor that is essential to that Federal Law.
Take out the MANDATORY dictate in Obamacare, and only the Federally subsidized, or chronically unhealthy will buy it.
For example:
“What would be the incentive for increased consumer demand for policy purchase of a NON-MANDATORY Obama Socialized Health Insurance Tax instead of purchasing a policy from a private insurance company?”
_________________
3.) Will the House RINOs think of either of the above two points? I seriously doubt it.
Obama the Destroyer fulfilling his mission.
For once the Washington Post got something right.
You can be sure that when the cancellations continue, Obama will put the blame squarely on the insurance companies. That’s what this is all about, not what is best for the people, but who has to take the blame. He is one devious monster.
Obama’s proclamation makes me so angry I could spit. By doing this with an executive order, he gets away with being able to demonize the insurance companies.
If this was done lawfully, we would have went through Congress and we would have had debate and info by bringing in insurance companies and ASKING them if this idea was even feasible at this point. Best guess, it is not!.
This needs to be stopped. Does the GOP have the balls to do it? Nope.
As an IT consultant who worked on healthcare eligibility and premium billing that is impossible. It can't be coded in that time frame (6 weeks) much less tested (which would take another 6 weeks).
That's easy: This was a poll-driven CYA last-second hail mary cooked up by that insurance genius and all-around guru Valerie Jarrett.
This would be a hilarious plot-line in a Mel Brooks political comedy.
Even he couldn’t play a president this stupid.
The snake asked for a ride across and the traveler, being so enthralled by the notion of a talking snake and the riches he might gain, gave him a lift. As soon as they reached the other shore, the snake gave the traveler a fatal bite. As he lay dying, the traveler asked: "why? I gave you a ride across the river." To which the snake answered: "you knew I was a snake."
The insurance industry knew Obama was a snake. They were enthralled by the notion that Obama could line their pockets with this government mandate.
It is just a Con so Obama can blame the insurance companies for people losing their coverage
If I was an insurance provider right now, I’d be PISSED! Would probably be throwing up my hands at it all.
HHS had three years to try to come up with a workable system and didn’t. Now the private insurance companies (CAPITALISM) will have to scramble to complete all of this in less that two months.......pathetic.
This is the “trying to get the toothpaste back in the tube” desperation stage.
It is time Valerie fire dumBO.
The “fix” is to simply “allow” insurance companies to violate the law for one year. What incentive do they have to do that? What assurance is there that they won’t be penalized for violating “the law of the land”, a/k/a “settled law”?