Skip to comments.Moody’s says new Obamacare proposals would hurt insurer ratings
Posted on 02/16/2014 9:50:49 AM PST by SJacksonEdited 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 ...
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.
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!
Screw the insurance companies. They’ve been screwing the American citizen for generations.
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’.
Well there's be one more thing nobama can cross off his list of bringing change to America.
“Dey betta watch demsevs o Eric be all OVAH dey azzes.....”
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.