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Administration fears part of health care system so flawed it could bankrupt insurance companies
Fox News ^ | January 22, 2014 | Jim Angle

Posted on 01/23/2014 8:59:55 AM PST by Zakeet

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To: MrB

People should just buy the plans they want, ignore Obama, his mandates, and the fines.

AMEN. And that goes for doctors, too - who should just offer the services they want, ignore Obama and his regulations, and the fines, and just stop accepting insurance altogether.


21 posted on 01/23/2014 9:14:13 AM PST by LibsRJerks
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To: Zakeet

You all just beware. The general idea is to get to Single Payer. But, to prevent that, the ball less GOP will in fact agree to “Fix” Obastard care to stop the single payer.
This is what the assholes are up to. It’ll either be single payer, or fix Obastard care.


22 posted on 01/23/2014 9:17:22 AM PST by crz
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To: Zakeet
Administration fears part of health care system so flawed it could bankrupt insurance companies

Fear ?

No !

It's all part of the Marxist Cloward–Piven strategy.


23 posted on 01/23/2014 9:23:00 AM PST by Uri’el-2012 (Psalm 119:174 I long for Your salvation, YHvH, Your teaching is my delight.)
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To: MrB

What?

Americans and business not comply with the setting up of their own demise?

Surely, you gest....


24 posted on 01/23/2014 9:26:23 AM PST by RitaOK ( VIVA CHRISTO REY / Public education is the farm team for more Marxists coming.)
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To: Zakeet

And bankrupt the federal government too.


25 posted on 01/23/2014 9:27:32 AM PST by Salvation ("With God all things are possible." Matthew 19:26)
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To: Zakeet; Cincinatus' Wife

Liberal bs gets gored/mauled by economic reality:

http://www.freerepublic.com/focus/f-bloggers/3114799/posts

Moody’s downgrades health insurers over ObamaCare uncertainty

The Hill ^ | January 23, 2014 | Jonathan Easley

Posted on by Cincinatus’ Wife

Moody’s announced Thursday it was downgrading its outlook for health insurers from stable to negative based on uncertainty related to ObamaCare.

The credit rating agency cited an unstable environment because of the healthcare law’s difficult rollout, and projected that insurers would earn two percent less than forecast in 2014.

“While we’ve had industry risks from regulatory changes on our radar for a while, the ongoing unstable and evolving environment is a key factor for our outlook change,” Moody’s Senior Vice President Stephen Zaharuk said in a statement. “The past few months have seen new regulations and announcements that impose operational changes well after product and pricing decisions were finalized.”

The Moody’s report also cites the slow enrollment of young people into ObamaCare as a reason for the downgrade.

“Uncertainty over the demographics of those enrolling in individual products through the exchanges is a key factor in Moody’s outlook change,” the ratings agency said.

Citing statistics released by the administration, it noted that so far about 24 percent of enrollees are between the ages of 18 and 34, while a target of 40 percent may be necessary to keep premiums from rising in the future.

It said the 24 percent of young people enrolled so far is “well short” of the 40 percent target.

Moody’s also said it was worried that insurers’ premium calculations may not be enough to cover the industry assessment tax that begins in 2014.

“These changing dynamics will have an uneven effect on insurers, as the impact of these factors will vary by market segment and geography,” it said. “Moody’s view continues to be that the larger and more diversified insurers will be better positioned, both financially and strategically, to meet the challenges facing the sector.”

The Obama administration has implemented a string of unilateral changes and delays to the healthcare law that has drawn complaints from insurers.

The administration is allowing insurers to continue offering bare-bones plans to those who had them previously in an attempt to quell the bipartisan outcry over the president’s broken promise that if you like your plan you can keep it.

The White House has also delayed the premium payments deadline, delayed by one week the sign-up date for coverage beginning Jan. 1, pushed back by six weeks the sign-up date for those seeking coverage by April 1, delayed the second-year enrollment period until after the 2014 elections and extended the enrollment deadline for people with pre-existing conditions


26 posted on 01/23/2014 9:32:33 AM PST by Grampa Dave ( Obamacare is a Trinity of Lies! Obamaganda is failing 24/7/365! Obamaganda witholl fail 24/7/365!)
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To: LibsRJerks

Did you hear that call to Rush yesterday?

The doctors’ offices are requiring credit card numbers and authorization to charge prior to services for Obamacare enrollees.

Anything not paid for by the Obamacare insurer is agreed to, in advance, to be paid for by the patient.


27 posted on 01/23/2014 9:33:22 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Zakeet

The admin, in classic Chicago style, just wants to steal the “rake” from the insurance industry. It’s that simple, and it’s many billions annually. At the same time, they will obtain control over essentially everyone, since they can deny or threaten to dent med care to anyone they wish. This is the biggest power and money grab ever initiated against the American people and is quite possibly the most vicious, evil thing ever perpetrated. It is near Pearl harbor in its level of treachery and there is no question that by March, say, it will have had fully the equivalent impact of 9/11. Meaning, kill 3000 people and cost $100 billion (the last figure I heard wrt the impact of 9/11 on the economy) I do not exaggerate.


28 posted on 01/23/2014 9:37:57 AM PST by Attention Surplus Disorder (At no time was the Obama administration aware of what the Obama administration was doing)
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To: Zakeet

the young are not signing up either


29 posted on 01/23/2014 10:03:00 AM PST by markman46 (engage brain before using keyboard!!!)
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To: Zakeet

Given the collapse of the private health insurance sector, President Obama ordered all Americans to enroll in Medicaid.


30 posted on 01/23/2014 10:10:29 AM PST by Erik Latranyi (When religions have to beg the gov't for a waiver, we are already under socialism.)
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To: Zakeet

Well, Shazzammm! That was the original intent of the ComDem Plotters.

Destroy the US.

Destroy Capitalism.

Destroy Freedom.

Enslave the Greatest Nation in the World.

FUBO!


31 posted on 01/23/2014 10:15:47 AM PST by Texas Fossil
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To: Zakeet

Sure they fear it... if by “fear” you mean gleefully rubbing their sweaty palms together in anticipation of healthcare anarchy and collapse.


32 posted on 01/23/2014 11:18:55 AM PST by snowrip (Liberal? You are a socialist idiot with no rational argument.)
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To: All

It’s all going just as planned. And the insurance companies, thinking they would make gazillions more when people were forced to buy their product, participated in their own demise.


33 posted on 01/23/2014 11:57:41 AM PST by VerySadAmerican (".....Barrack, and the horse Mohammed rode in on.")
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To: snowrip

“Sure they fear it... if by “fear” you mean gleefully rubbing their sweaty palms together in anticipation of healthcare anarchy and collapse.”

Yes, bu they just need to get through the next couple of election cycles and maintain their power. That’s the real trick at this point.

Boehner and McConnell are doing their damnedest to make sure that happens!!


34 posted on 01/23/2014 6:00:11 PM PST by Bshaw (A nefarious deceit is upon us all!)
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