Insurers are furious about the White House’s new Obamacare plan (Asking for bailout!)

Wash Post ^ | 11/14/13 | Sarah Kliff

[jimbo123]

Health insurance plans are not pulling any punches when it comes to their frustration with today's White House announcement. This is a statement that Karen Ignagni, president of America's Health Insurance Plans, just put out:

“Making sure consumers have secure, affordable coverage is health plans' top priority. The only reason consumers are getting notices about their current coverage changing is because the ACA requires all policies to cover a broad range of benefits that go beyond what many people choose to purchase today.

“Changing the rules after health plans have already met the requirements of the law could destabilize the market and result in higher premiums for consumers. Premiums have already been set for next year based on an assumption of when consumers will be transitioning to the new marketplace. If now fewer younger and healthier people choose to purchase coverage in the exchange, premiums will increase and there will be fewer choices for consumers. Additional steps must be taken to stabilize the marketplace and mitigate the adverse impact on consumers.”

[jimbo123]

Additional steps must be taken to stabilize the marketplace and mitigate the adverse impact on consumers.

[jimbo123]

Mitch McConnell to the rescue?

http://www.opensecrets.org/politicians/contrib.php?cycle=2014&cid=n00003389&type=I

Senator Mitch McConnell

Kindred Healthcare $76,300 $66,300 $10,000

Humana Inc $45,550 $40,550 $5,000

Blue Cross/Blue Shield $41,450 $24,450 $17,000

Aetna Inc $38,450 $28,450 $10,000

[Stingray]

“Additional steps must be taken to stabilize the marketplace and mitigate the adverse impact on consumers.”

Read that as “repeal.”

[JSDude1]

NO The only bailout should be R E P E A L ! ! !!!

[Junk Silver]

[jimbo123]

They’re asking for a bailout beyond the one already written into the ACA.

[Paladin2]

The insurers need to proclaim:

"We will continue to obey the law until the law is actually changed and has been vetted by the Judiciary."

[Paladin2]

Ditch Mitch.

[Ingtar]

That approach would actually recover a bit of respect from me.

[Jane Long]

Yep. The 2-2.5% they're getting on EVERY group health policy isn't enough for them. Time to roll out the bank bailout talking points.

Sorry, NO SALE!

[TomGuy]

Obama is hoping the state insurance commissioners will bail his butt out of this fiaso HE has created.

His remarks today only compound the problems and create new problems.

[lightman]

Talk about CHUTZPAH!

[11th Commandment]

Play crony capitalism with the Rats and you'll get burned

[Red Badger]

The only reason consumers are getting notices about their current coverage changing is because the ACA requires all policies to cover a broad range of benefits that go beyond what many people choose to purchase today.

SING IT LOUD, SISTER!...................

[Oldeconomybuyer]

Mom used to say if you sleep with dogs you get fleas. Welcome to FleaCare.

[bray]

Mitch who? Has Marble Mouth even spoken today?

Pray America is Waking Up

[TomGuy]

“Additional steps must be taken to stabilize the marketplace and mitigate the adverse impact on consumers.”

Read that as “repeal.”

No, read that as "financial bailout" footed by the taxpayers -- again.

[jimbo123]

Time to roll out the bank bailout talking points.

Word for word, right?

[Gene Eric]

The Democrats were idiots to shutdown the govt and not accept the House offer to delay the ACA.

[Gene Eric]

I mean shutdown 17% of the govt.