Obama Pulls An Emily Litella: Nevermind!

[boedicca]

So, Obama has DECREED that people whose plans have been cancelled are exempt from the individual mandate...and can enroll in high deductible catastrophic plans (which were some of the substandard plans used to justify ObamaCare).

In other words: NEVERMIND!

And, the insurance companies will get a bail out.

So, how we've spent billions and billions on a capricious whim.

mericans whose health plans are being canceled because their coverage doesn’t meet Obamacare rules will be exempt from the mandate that they carry insurance, under a change announced by the Obama administration.

Officials estimated the change will affect fewer than 500,000 people as a Dec. 23 deadline looms to purchase health policies to be eligible for coverage beginning Jan. 1. People losing coverage also will be eligible to buy high-deductible “catastrophic” insurance the law usually limits to those younger than age 30.

Insurers warned that the new exemptions, which would last a year and potentially longer for consumers granted hardship exceptions, risk destabilizing the new marketplaces if younger, healthier people who now carry cheap policies opt out of buying replacement coverage. ...

Obama Lifts Health Mandate for Those With Canceled Plans - Bloomberg

 

[Geaux4it]

Odumbo is a lawless POTUS

Wants to rule, not govern

-Geaux

 

[boedicca]

Obama is the biggest threat to the Rule of Law in the history of the U.S.

 

[AquaAthena]

So, Obama has DECREED that people whose plans have been cancelled are exempt from the individual mandate...and can enroll in high deductible catastrophic plans (which were some of the substandard plans used to justify ObamaCare).

In other words: NEVERMIND!

And, the insurance companies will get a bail out.

So, how we've spent billions and billions on a capricious whim.

mericans whose health plans are being canceled because their coverage doesn’t meet Obamacare rules will be exempt from the mandate that they carry insurance, under a change announced by the Obama administration.

Officials estimated the change will affect fewer than 500,000 people as a Dec. 23 deadline looms to purchase health policies to be eligible for coverage beginning Jan. 1. People losing coverage also will be eligible to buy high-deductible “catastrophic” insurance the law usually limits to those younger than age 30.

Insurers warned that the new exemptions, which would last a year and potentially longer for consumers granted hardship exceptions, risk destabilizing the new marketplaces if younger, healthier people who now carry cheap policies opt out of buying replacement coverage. ...

Obama Lifts Health Mandate for Those With Canceled Plans - Bloomberg

Yep, one colossal failure after another.

 

[boedicca]

It's Failures all the way down.

(with a hat tip to Bertrand Russell and the little old lady.)

 

[Geaux4it]

Obama is the biggest threat to the Rule of Law in the history of the U.S.

 

[Katzndogz]

obamacare is done. obama is going to say there will be no individual mandate
Obama Lifts Health Mandate for Those With Canceled Plans - Bloomberg

With few people signing up, doctors bailing by the thousands, there is no obamacare. Undoing his catastrophe is going to be as hard as it was to do it in the first place. He has caused an unnecessary disaster.

 

[boedicca]

How can one call it a law when the executive branch can just change it one a whim?