So, Obama is threatening to stop Insurance companies from participating in Obamacare if they attack it.
If its so bad, why would the insurance companies care if they weren't allowed to participate?
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Doc,
You might want to listen to the the piece again more carefully. The specific statement was "48% of insurance companies revenues come from Medicare and Medicaid." That is what they are being threatened with. Both my wife and I have post-graduate degrees in health care, and have worked for very large health care corporations for years.
If the threat alleged on Anderson Cooper's Show is real...that is very significant. For example, I managed contracting services for Evercare. That is a Medicare product sold through United Healthcare. That program exists through a license granted by the Federal Government. When the license periods expires (It lasts five years) what if the Government suddenly decides not to renew?
It is a serious threat if true. Listen to the piece again.