boedicca
Uppity Water Nymph from the Land of Funk
- Feb 12, 2007
- 59,439
- 24,109
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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 doesnt 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
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 doesnt 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