Even Governor Moonbeam and the dumbest Libtards on the planet are letting the Wee Wee down.
Posted on 11/21/2013 4:44:52 PM PST by Zakeet
When Barack Obama, floundering in the endless humiliation from the disastrous rollout of Obamacare, gave the country's insurance companies the "put option" to reject the one-year "cancellation" extension fix stemming from the whole "if you like your plan, you can keep it, period" fiasco, he committed a cardinal sin - he lost control of the situation, because from that point onward the decision was no longer in his court. Furthermore, due to the syndicate nature of insurance companies and state insurance commissioners implementing Obamacare, suddenly the decision was subject to game theoretical facets including cooperation and defection, or rather just defection since at this point the biggest spoils would go to whoever had the initial leverage or rather, defiance of the president. Sure enough, California just flopped on Obama's most recent flip when the state, moments ago, rejected Obama's proposed fix to allow legacy plans to survive for one additional year.
More from Bloomberg:
(Excerpt) Read more at zerohedge.com ...
Even Governor Moonbeam and the dumbest Libtards on the planet are letting the Wee Wee down.
Some Freeper will know the answer to this:
Can Governor Brown overrule the Insurance Commission.
Somehow I doubt it. Moonbeam is too loyal a Dem to let this pass if he didn’t have to.
I will wait for someone working for a company with over 50 employees to sue their company for not having company health insurance come January 1. The law says that they must provide an insurance policy for their workers.
But...but this will drive 50 million people to the Republican Party...... Excuse me. My wife stepped in. ...Yes, dear, I’ll take my meds now.
I have read analysis that states Obama WANTS the states to reject this. Without people getting thrown off plans, he doesn’t fund the law.
“I will wait for someone working for a company with over 50 employees to sue their company for not having company health insurance come January 1. The law says that they must provide an insurance policy for their workers.”
YOUR BRILLIANT
“Can Governor Brown overrule the Insurance Commission?”
The California State Insurance Commissioner is a statewide elective office. I don’t think he can. One of the former Commissioners is John Garamendi, who as a House member, just voted with the GOP on the Upton bill. Also, I don’t think Brown is dumb enough to get embroiled in Obama’s troubles. He still probably thinks he can be president one day soon. Who knows, he may run against Hitlary.
WOW!
So California is all Racists.
Thats the law right? If you object to this ass clown in any way, that means you are automatically and instantly a wild eyed RACIST.
I suspect that's right. Then, he will blame state insurance commissioners and insurance companies. That kind of crap has worked for him for five years, but I think he has now blown his credibility and this won't work.
The fact is that it is too late to go through the regulatory and business process to reinstate the cancelled policies. A huge amount of time and work goes into creating, pricing and getting regulatory approval of insurance products.
You are correct. The Insurance Commissioner is an independent elected office. Of course in CA all statewide elected offices are held by Dems.
The truth is that all of the “blue” states are rejecting Obama’s “fix”, because they expanded Medicaid, and now they need the cancelled folks in the exchanges to pay for the millions of new Medicaid patients. The “red” states that rejected Medicaid expansion don’t have that problem.
The CA insurance commissioner was for it from the outset and the guy running the exchange was against it; unelected wonks overrule elected commissioner.
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