“Obama kind of threw us under the bus today”
Anyone who saw the movie ‘Van Helsing’ may remember the scene where ‘Igor’ was tormenting the Werewolf (and one heck of a fine one too) with a strong electric prod.
So Dracula asks him, “Why must you provoke the creature so?”
And Igor replies, “It’s what I do.”
So the answer to your predicament, insurers, is—that’s what he does.
In order to individual policies on the CA exchange the insurance companies agreed to cancel all policies as of 12/31/2013. Now the Insurance commissioner wants that agreement invalidated.
They are so screwed.
May very well be the latest phase of the strategy to create a chaotic crisis and implement another EO for single-payer. They will use every illegal/immoral tactic at their disposal to get their way and will willingly crush opposition by expending some of those billions of rounds of ammo when they deem the time is ripe.