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Moody’s says new Obamacare proposals would hurt insurer ratings
Marketwatch ^ | February 13, 2014 | Russ Britt

Posted on 02/16/2014 9:50:49 AM PST by SJackson

Edited on 02/16/2014 9:52:04 AM PST by Admin Moderator. [history]

A couple of proposed changes to President Obama’s health-care overhaul are drawing the attention of the credit evaluators at Moody’s Investors Service — and not in a good way.

In a note to clients Thursday, the ratings agency targeted two proposals: One forcing insurers that offer plans on public exchanges to expand their network of doctors and hospitals, and the other allowing individuals to retain non-compliant insurance policies through the end of 2016.


(Excerpt) Read more at blogs.marketwatch.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: abortion; deathpanels; insurersrating; moodys; obamacare; obamacareinsurers; zerocare
Just pass the added borrowing costs along to policyholders. Barry won't care, he'll just boost the subsidies.
1 posted on 02/16/2014 9:50:49 AM PST by SJackson
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To: SJackson
if the trend were to continue, these products would eventually become unsustainable,

Quoting Obama "10 or even 5 years from now" everything will be working well and Democrats will be able to look back with pride What he didn't say. proud of how they collapsed the system and brought in rationing based on political factors and single payer. Here's another tool to do it.

2 posted on 02/16/2014 9:58:49 AM PST by gusopol3
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To: SJackson

Eric the Holder and his so called Department of Justus is going to be all over Moody’s like white on rice for this. Good luck boys!


3 posted on 02/16/2014 10:01:08 AM PST by FlingWingFlyer (As government expands, liberty contracts. - President Ronald W. Reagan)
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To: SJackson

Screw the insurance companies. They’ve been screwing the American citizen for generations.


4 posted on 02/16/2014 10:04:38 AM PST by Zuben Elgenubi (NOPe to GOPe)
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To: SJackson

5 posted on 02/16/2014 10:05:51 AM PST by JPG (Yes We Can morphs into Make It Hurt.)
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To: SJackson

Exactly. And put more pressure on Congress to bail out insurance companies.. which of course is pure crony capitalism i.e. Fascism. And keeps the DNC coffers full from protection money. And the low information voter thinks democrats are more ‘compassionate’.


6 posted on 02/16/2014 10:10:37 AM PST by Track9 (hey Kalid.. kalid.. bang you're dead)
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To: SJackson
Moody’s says new Obamacare proposals would hurt insurer ratings

Well there's be one more thing nobama can cross off his list of bringing change to America.

7 posted on 02/16/2014 10:19:00 AM PST by Mastador1 (I'll take a bad dog over a good politician any day!)
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“Dey betta watch demsevs o Eric be all OVAH dey azzes.....”


8 posted on 02/16/2014 10:27:48 AM PST by clintonh8r (Don't twerk me, Broi)
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To: SJackson
Democrats would smirk at the title and say "Hey, they sat that like it's a bad thing..."
9 posted on 02/16/2014 10:47:48 AM PST by rlmorel ("A nation, despicable by its weakness, forfeits even the privilege of being neutral." A. Hamilton)
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To: SJackson

No they dont need to raise costs. the ACA already has a provision to cover the funding loss of the providers in the exchanges if there is not enough receivables to support the plan.


10 posted on 02/16/2014 12:01:44 PM PST by Liaison
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