Skip to comments.Administration Fears Part Of Health Care System So Flawed It Could Bankrupt Insurance Companies
Posted on 01/23/2014 5:49:47 PM PST by Lmo56
While the administration publicly expresses full confidence in its health care law, privately it fears one part of the system is so flawed it could bankrupt insurance companies and cripple ObamaCare itself.
"Week after week, month after month," says John Goodman of the National Center for Policy Analysis, "the Obama administration kept telling us everything's working fine, there's no problem and then they turn on a dime and fire their contractor."
To justify a no-bid contract with Accenture after firing CGI as the lead contractor, the administration released documents from the Department of Health and Human Services and the Center for Medicare and Medicaid Services that offered a rare glimpse of its worst fears, saying the problems with the website puts "the entire health insurance industry at risk" ... "potentially leading to their default and disrupting continued services and coverage to consumers."
Then it went even further, saying if the problems were not fixed by mid-March, "they will result in financial harm to the government."
It even added that without the fixes "the entire health care reform program is jeopardized."
In spite of the "urgent" need officials cited to keep the system from collapsing, the White House spokesman said he knew nothing about it.
(Excerpt) Read more at foxnews.com ...
I thought that was the PLAN
In other words, its working as planned.
It was their plan all along.
Death, and not healthcare, is coming for
non-EXEMPT American families, from Coast to Coast.
It has already begun for too many.
Another looming crisis for those who pay taxes.
It was the whole plan
God almighty we were in the streets protesting this ...and they didn’t listen...
All according to plan..the ultimate goal..single payer which progressives have wanted for what, 100 years now
He was remarkably candid about simply BANKRUPTYING big coal, instead of using the law.
It is silly not to suspect this is also the plan with insurance companies.
PART OF THE PLAN.
Notice the way he’s extravagantly blase about all this?
HE EXPECTED THIS.
Is this why Moody’s downgraded the insurance industry?
I bet the Senate DEMs from red states up for re-election have been chugging Maalox all day ...
13 seconds, YouTube:
“You can build a coal plan, but we’ll simply BANKRUPT them...”
Very frank about it.
I dont think the Dems from red states even care at this point..can the law even be repealed? As long as King Obama is in power no matter what the law is still the law so to him, he already has what he wants..he will bankrupt the insurance industry just like all progressives want..so they can have the single payer system they have always wanted
His ignorant supporters didn’t see this coming;
(why are the schools still trying to dumb-down people? I think their commie goal has been reached.)
Well, it’s certainly a good thing you built a TARP bailout into the law.
I wonder, “will you renege and litigate your way out of that which the law obligates the government or will Eric Holder contrive a series of novel prosecutions for the band to play a hommage to as the ship rolls and finally sinks.
received three of these from Obamacare in my email today
Single payer will NEVER pass Congress - at least for 20 years, if EVER. Not after THIS POS legislation. If they try it, those who vote for it can kiss their careers goodbye ...
I’m sure that hospitals and providers will be very happy to know that their patients are “covered” by soon to be bankrupt insurance companies. Just think how long it will take for claims to be paid, and how many procedures will be denied.
When payments slow, and procedures are denied, layoffs will ensue, and patients will need to put money up front.
“Single payer will NEVER pass Congress - at least for 20 years, if EVER. Not after THIS POS legislation.”
You are so right! The voters are dumb, but they are not stupid, I hope!
Obama will sign it by executive order..I guarantee it..and even if he can’t legally he will do it anyway
“Obama will sign it by executive order..I guarantee it..and even if he cant legally he will do it anyway”
Then Boehner and Co. will fund it. After wiping some tears, I suppose...
The insurance companies got in bed with Barry. This is the result.
He destroys everything he touches.
Do you mind expanding on what you received for those of us who prefer not to click on that long link? Thanks.
Yes, the proverbial "crisis," that can only be fixed by socialized medicine. To the surprise of no one here.
Obamacare is what Obama, i.e., the "Secretary," says it is. If he says it is single-payer, it will be.
Who will oppose him?
It is not narrative but a picture from Obamacare advertising for enrollees.
Congress? He don't need no steenkin' Congress!