How many insurers will pull out of Obamacare?
Obumbler now delayed the mandate for people whose health insurance was cancelled. LOL! Insurance companies' statistical basis for premiums are all blown up. How are people whose insurance got cancelled going to buy catastrophic insurance when insurance companies aren't legally allowed to offer those types of health insurance policies anymore. What's going to happen to all those people who already have a condition and need health insurance? Obumbler continues to make things worse. I wonder who else the liberals and the dummycrats are going to blame ofr Obumbler's stupidity & incompetence.
My first question is how do they keep changing the law without a vote of Congress. This disaster was made a law by vote, so should it not require a new vote to add or subtract from what was voted on?
Sebillius issued an order to insurance companies that they must accept new policy holders without any money changing hands. If they refuse, they were told they may not be approved to sell policies at the exchanges. Talk about an abuse of power.
So now garbage polices are once again acceptable to our master. With a wave of his magic wand these policies are now OK again. Why on earth didn't he just leave it alone?
Obama wanted a legacy and by gosh he has one. I hope he is very proud of the damage he has caused.
A lot of this off-the-cuff stuff seems moot. They dummycrats passed a very bad law and are finding implementation impossible. I have no sympathy for the insurers because they thought they've hit the jackpot. Obumbler will continue to flounder.
by theirishobserver. 4 years ago
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What exactly is "Obamacare" and when does the law go into effect?
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