Posted on 12/19/2013 7:18:18 PM PST by Kaslin
The Obama administration, in an 11th-hour change just before the holiday break,announced a major exemption in ObamaCare that will let people who lost coverage and are struggling to get a new plan sign up for bare-bones policies.
The move Thursday to allow potentially hundreds of thousands of people to sign up for "catastrophic" coverage plans was blasted by the insurance industry as a shift that would cause "tremendous instability.”
The administration downplayed the sudden change, saying they expected it to impact fewer than 500,000 people.
Health and Human Services spokeswoman Joanne Peters said, "This is a common sense clarification of the law. For the limited number of consumers whose plans have been cancelled and are seeking coverage, this is one more option."
(Excerpt) Read more at foxnews.com ...
Why can’t they exempt all Americans from Obamacare?
Banana Republic, thanks Demonrats.
Still more legislation by the executive branch, clearly against the Constitution.
But, still, not a single pubbie, not even a TEA party rep or senator, standing in vocal opposition.
Time for pitchforks and ropes, it seems... if only the sheeple had the gumption.
We are, truly, slouching toward Gomorrah.
They are like soooooo in trouble.
We’re not slouching anymore, we’re rolling downhill on a steep slope.
So they can pay $3000 a year for a policy with a $15,000 deductible and a $100,000 limit?
The insurance companies claim this will lead to “tremendous liability.”
Let’s examine that claim and see what it means. If straight catastrophic insurance (no payments for anything until a high deductible, presumably with “club” pricing for out of pocket payments below the deductible) is properly priced, it isn’t a liability in and of itself. The anticipated liability is that the young and healthy won’t be forced to buy a wildly overpriced menu of health maintenance benefits to subsidize the non-payers or the high maintenance insureds who are getting a good deal (for them) by force of law.
If the viability of O-care depends on a sizeable transfer, and those targeted for the transfer—the young and healthy—opt out either by foregoing the bloated bronze policies entirely, or by buying real catastrophic insurance, who is going to pay the insurers for their costs. The obvious answer is the taxpayer (via the law’s “risk corridor”), with a ballooning deficit.
Just makin’ it up as they go along. No need to consider the legalities of issuing edicts and rulings on the fly....
crap coverage at high prices.
wow what a succes story this is for those people who had plans that worked for them and their conditions, but lost them.
MISSION ACCOMPLISHED BARRYCADES
>> Why can’t they exempt all Americans from Obamacare
They’re not? It’s hard to keep up with all the king’s decrees.
"I'm not a bandit! I just clarify the law!"
The Bare bones policies are what is being offered under Obamacare. High deductibles, high copay’s and limited doctors especially if you receive no subsidy and you make a certain amount. I consider it a catastrophic plan they are offering.
Looks like a harmonica rack.
(Desperation)
I admit that I am against this plan. Probably, I am a racist. Yep, I just have rejected all of this, because of someone’s skin color. Ouch. Oh my, I’m awful, this racist feeling I have in anger of this last 11th hour fix, is taking away all of my sense of well being. Racism is destroying us at this very hour.
‘clarification’ of the law.
As opposed to rewriting the thing each and every day, without the legal authority to do so.
Would someone please file some sort of injunction so that SCOTUS can step in and say, “Ah, no. Can’t do that.”
No exemptions, no delays. Enforcement it now so everyone can feel raped by Fedzilla...and like it!
Will the people who decided to sacrifice and signed up for one of the other plans, will they be allowed to go back choose this new option instead?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.