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State insurance commissioner rejects Obama’s proposal to extend canceled policies
The Seattle Times ^ | November 14, 2013 | Amy Snow Landa

Posted on 11/14/2013 8:55:18 PM PST by 2ndDivisionVet

State Insurance Commissioner Mike Kreidler has rejected President Obama’s proposal to allow insurance companies to extend health insurance policies for people who have received notices that their policies will be cancelled at the end of the year.

Within two hours of President Obama’s news conference announcing the proposed administrative fix for Americans upset by their policy cancellations, Kreidler issued a statement rejecting the proposal.

“I understand that many people are upset by the notices they have recently received from their health plans and they may not need the new benefits [in the Affordable Care Act] today,” he said. “But I have serious concerns about how President Obama’s proposal would be implemented and more significantly, its potential impact on the overall stability of our health insurance market.”

“I do not believe his proposal is a good deal for the state of Washington,” Kreidler’s statement continued. “We will not be allowing insurance companies to extend their policies.”(continued)

(Excerpt) Read more at blogs.seattletimes.com ...


TOPICS: Business/Economy; Culture/Society; Government; US: Washington
KEYWORDS: insurance; obama; obamacare; washington
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To: paudio

they need crisis in order to bring things about they could never normally get done, and they need a ton f people screaming for them to do somethig.

they will pitch single payer as simpler because govt will be the only payer. so the system will be a lot simpler, we will be told.

if there are any fixes now, it’s to get the govt part of it working, not the private insurers parts.


21 posted on 11/14/2013 11:46:55 PM PST by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: Manta

I agree. This is now a really big problem. When this administration instructs private business to ignore the law then we potentially have a constitutional crisis. The company is exposed to lawsuits if they comply, they are also now exposed to lawsuits if they don’t. Lose - Lose for the administration and the Democrats.


22 posted on 11/14/2013 11:47:17 PM PST by ssschev (Pick up the can, throw out the trash.)
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To: Secret Agent Man

They need crisis, yes, but not from something that they proposed. The crisis hypothesis only works if the crisis is perceived as the result of the opponent’s fault; for example, the 2008 crisis was (perceived ) as caused by Wall Street greeds made possible by Republican policies. So, it made sense when the Dhims then came with an alternative policy to deal with the crisis. It doesn’t work when the crisis is caused by their own policy.


23 posted on 11/15/2013 1:17:11 AM PST by paudio (Liberals teach Whites about guilt and shame much better than Christian churches do...)
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To: 2ndDivisionVet

Dr. Obama has prescribed aspirin for a skull fracture.


24 posted on 11/15/2013 1:25:48 AM PST by Fresh Wind (The last remnants of the Old Republic have been swept away.)
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To: 2ndDivisionVet

Don’t give 0 a pass. They knew exacly wth would happen it’s just that they didnt plan on the after effects, results and backlash.


25 posted on 11/15/2013 1:38:43 AM PST by MaxMax (Pay Attention and you'll be pissed off too! FIRE BOEHNER, NOW!)
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To: Farnsworth
I believe it’s illegal for insurence companies to sell those policies. So what power does the president have to wave his paw and declare it’s now ok to do so? So let it be written, so let it be done, so sez pharaoh Obama

That's part of his plan - get them to commit illegal acts while following his illegal proclamation and destroy them with law suits after the 2014 elections - speeds up the single=payer end game.

26 posted on 11/15/2013 5:05:23 AM PST by trebb (Where in the the hell has my country gone?)
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To: trebb

Insurance companies need to push back on that. But it’s a misdirection to shift blame to them and take the focus off Obama


27 posted on 11/15/2013 9:45:30 AM PST by Farnsworth (Now playing in America: "Stupid is the new normal")
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