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warrior1

(12,325 posts)
Thu Nov 14, 2013, 12:42 PM Nov 2013

Obama Dares Insurance Companies to Put Up or Shut Up

http://www.motherjones.com/kevin-drum/2013/11/obama-dares-insurance-companies-put-or-shut

Here's the latest on Obamacare:



The White House on Thursday will announce a plan for allowing insurance companies to continue offering existing individual insurance policies even if they fall short of the coverage standards set by the 2010 health-care law, a Democratic official briefed on the plan said.

....The plan, which the official said could be implemented without passing legislation, would allow insurance companies to extend "substandard'' plans in 2014 only if they are already in existence. Unlike the House bill, the administration plan wouldn't allow insurance companies to offer such plans to new customers.


Here's my guess: this is primarily a put-up-or-shut-up move from Obama, not a plan designed to really fix the problem of canceled policies. I base this on two things.

First, I think insurance companies are mostly allowed to do this already. Second, I think that most of the canceled policies have been canceled because insurance companies wanted to cancel them. They were designed in the first place to entice buyers away from their old grandfathered policies, and insurance companies did this explicitly so that they would be free to cancel them when 2014 rolled around. This allowed insurers to replace them with more expensive policies without taking any heat for it. They could just blame it on Obamacare.

snip please read the rest at the website
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Obama Dares Insurance Companies to Put Up or Shut Up (Original Post) warrior1 Nov 2013 OP
nailing it warrior1 Nov 2013 #1
Exactly philosslayer Nov 2013 #2
I'm so sick of those of you calling anyone who wants to rationally discuss and cali Nov 2013 #3
Okay, how about calling them "the Chicken Little Brigade?" philosslayer Nov 2013 #4
 

cali

(114,904 posts)
3. I'm so sick of those of you calling anyone who wants to rationally discuss and
Thu Nov 14, 2013, 01:19 PM
Nov 2013

critique the status of the ACA, doubters and haters.

It's pathetic.

Anyone who doesn't see that there are real problems that need to be solved, sooner rather than later, has his/her head firmly planted in the sand.

 

philosslayer

(3,076 posts)
4. Okay, how about calling them "the Chicken Little Brigade?"
Thu Nov 14, 2013, 01:37 PM
Nov 2013

There are problems. Minor problems. That are being blown way WAY out of proportion by a press corps dying to find something to talk about. And the problems are being fixed.

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