Skip to comments.Obama announces he will allow subpar or junk policies to be sold by bad apple insurance companies
Posted on 11/14/2013 10:11:39 AM PST by Hotlanta Mike
President Obama's press conference on Obamacare "fixes" today started more than half an hour after its announced time, a good indicator of last minute panic over wording. That's because appearances, not substance, are the essence of this "plan."
For one thing, state insurance commissioners must approve any new plans. In California, health insurers have been required to sign contracts promising to end old policies, and the federal government lacks the authority to change lawful contracts. The idea that 50 state insurance commissions could and would quickly approve new plans yet to be created by insurance companies is ludicrous.
As Richard Baehr put it:
(Excerpt) Read more at americanthinker.com ...
Great title to the article.
This couldn’t be more perfect. Obama wants insurance companies to kick the plan can down the road for one year so that they can re-send cancellation letters back out just before the elections next year. Perfect!
LOLO, great title!
Obama and libs are pro-choice ................. except when it comes to you choosing your insurance or doctor.
So what happens if the insurance companies refuse to allow the old policies to be sold again?
Fantastic cartoon. BUMP!!
Questions from a supposedly dead guy? Outstanding!
Ain’t that nice of him?
bump to the title
“If you like your subpar, inadequate, unfair, junk policies you can keep them. Period.” BTT
Great title...Almost as good as “Republicans Say Obamacare is a Disaster For The Country and the Worst Piece of Legislation in 50 Years and It’s Unacceptable That People Can’t Sign Up for It Fast Enough”.
It begins, "We, the People" of the United States of America," in order to . . . . do. . . ", in effect, structure, separate, check and balance, and limit the powers we grant to every elected representative.
“So what happens if the insurance companies refuse to allow the old policies to be sold again?”
How could they possibly turn a profit selling the old plans at the old rate for one year after having already canceled these same plans? It’s just a plan for O to shift blame.
Sometimes these things do not appear to have been fully thought through.
Mandates and requirements carry their own price. Including an extraordinary number of these ornaments may only be paid for at one place - the consumer level. No matter how much anyone may hate and despise the commercial aspect of insurance pools, the fact remains that they must - MUST - never operate at a deficit, else they are soon cannibalized and no longer exist.
It matters not if the person covered by the policy is making the direct payment into the insurance pool, or if another is paying on behalf of the person covered. This is absolutely the wrong place to practice stringent thrift.
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