So what happens if the insurance companies refuse to allow the old policies to be sold again?
“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.
Then he (and the democrats) can blame the insurance companies (you know, those evil bastards) for the problem. The whole plan is to shift blame away from Obama. It is so obvious, and it is explained in the article.
Let the people have their old policies, but then jack up the obamacare rates.