“I think when you spread the wealth around, it’s good for everybody.”
~ Barack Obama
In his speech today, Mr. Obama pointed to the abysmal numbers of Obamacare enrollees as a reason to believe people want healthcare.
Only 27,000 were able to sign up on healthcare dot gov and 79,000 signed up through state websites. He was happy about the more than 300,000 who signed up for the free healthcare – Medicaid – despite the fact that it will make Obamacare insurance more unaffordable.
The healthcare website has gotten a lot better, said Mr. Obama. (He sets the bar low)
With regard to the cancelled policies, he unilaterally decided to once again break the law and allow insurers to reinstitute cancelled policies, though there doesn’t seem to be a reasonable way to do that by December 15th.
He has no authority to change the law but he didn’t have the authority when he delayed the employer mandate. He does whatever he wants.
We now have two systems. Everybody can do what they want.
He declared that insurers must notify clients about the benefits of Obamacare when they reinstate the plans they probably can’t reinstate.
Will insurance companies do this? We will see I guess. There is that bail out written into the Obamacare law that they can fall back on.
He demonized the health insurers during his speech and, then again later when he responded to a question asked by CBS reporter Major Garrett.
He didn’t know anything again. He learned everything when we did. He didn’t know about the website problems DIRECTLY (he specifically used the word ‘directly’).
He also didn’t know about the policy cancellations. He thought people would like the Obamacare plans and it wouldn’t be a problem.
He also said he thought the grandfather clause would work for 98% of the people. However, in a June 2010 edition of the National Register, his own officials published the numbers of possible cancellations, which was 93 million. When Sen. Enzi tried to pass a law to address these cancellations, every Democrat voted against it. Now, suddenly, Democrats want to pass a bill to stop them. They didn’t know anything either.
On September 23, 2013, at the Congressional Black Caucus Foundation Phoenix Awards Dinner at the Washington Convention Center, he said that Obamacare plans would cost the price of a cell phone bill:
Insurers are understandably unhappy about Mr. Obama’s ‘fix’ which requires them to take on a Herculean task.
Expect higher premiums according to them.
They said that while they appreciated Obama’s effort to address consumers’ concerns, they remained concerned that the move could distort the risk pool in the new state and federal health-insurance marketplaces.
“Changing the rules after health plans have already met the requirements of the law could destabilize the market and result in higher premiums for consumers,” said Karen Ignani, president and chief executive of America’s Health Insurance Plans. “Premiums have already been set for next year based on an assumption of when consumers will be transitioning to the new marketplace. If now fewer younger and healthier people choose to purchase coverage in the exchange, premiums will increase and there will be fewer choices for consumers.”
This is just the beginning. Wait until the employer-sponsored plans are cancelled. As Max Baucus said it’s a train wreck.
In the end, Mr. Obama added more chaos today, just when we thought it wasn’t possible to confuse the situation any more.