Sponsored Content




Intermarkets' Privacy Policy
Support


Donate to Ace of Spades HQ!



Recent Entries
Absent Friends
Bandersnatch
GnuBreed 2024
Captain Hate 2023
moon_over_vermont 2023
westminsterdogshow 2023
Ann Wilson(Empire1) 2022
Dave In Texas 2022
Jesse in D.C. 2022
OregonMuse 2022
redc1c4 2021
Tami 2021
Chavez the Hugo 2020
Ibguy 2020
Rickl 2019
Joffen 2014
AoSHQ Writers Group
A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info:
maildrop62 at proton dot me
Cutting The Cord And Email Security
Moron Meet-Ups





















Obama's "Cloud Castle" of Brazen Lies | Main | Proposed New Law: The No Taxation Without Honest Representation Act
November 14, 2013

Insurance Industry: Obama's "Fix" Is Entirely Unworkable

Earlier I wrote:

* Are insurers even interested in offering these policies given the other strictures of Obamacare? Bear in mind, they cannot charge the healthy any less than the desperately sick. So they, like Obama, need healthier people in these high-risk pools. (Obamacare essentially puts the entire country into a high-risk pool.)

So the insurance companies can offer these policies again... and the effect, I'm pretty sure, will be to drastically increase their own downside risk when they insure the uninsurable, and have fewer healthier people to tax to pay for the uninsurable.

So Obama may be certainly is attempting to engineer a situation in which he offers an odious, destructive deal to insurance companies, so that when they balk, he can say, "See? This is why we need Obamacare, and none of this is my fault."

Chris Wallace read this statement from the trade association of American insurance companies:

Changing the rules after health plans have already met the requirements of the law, Obamacare, could destabilize the market and result in higher premiums for consumers. Premiums have already been set for next year, based on assumptions of when consumers will be transitioning to the marketplaces.

If now fewer younger and healthier people choose to purchase health coverage in the exchanges, premiums will increase, and there will be fewer choices for consumers.

They're talking about the Death Spiral.

The female anchor asked Wallace if Obama had consulted with the insurance agency. Chris Wallace scoffed, laughed at the question, asking her in return: At this late date, why would he start consulting?

"This Is A New Insanity:" So says a spokesman for New Jersey Health Insurance Underwriters.

Fuller statement from American Health Insurance Providers below.


digg this
posted by Ace at 01:22 PM

| Access Comments




Recent Comments
weft cut-loop[/i][/b] [/s]: "[i]I call it Intelligence Simulation. Which is arg ..."

N: " Poor bastards were so worried about offending th ..."

Axeman: "I could not get a straight answer when I asked som ..."

Anna Puma: "Dystopian cyberpunk? We're bathing in it. ..."

DOYLE: "I could not get a straight answer when I asked som ..."

Anna Puma: "So what are the Vegas odds on Gemini blowing up th ..."

N: "221 26 'We laugh at this, but it really is scary ..."

Axeman: "Shopping online is getting crummier as well. It's ..."

Axeman: "Same thing as Dinsey execs, who keep greenlighting ..."

Emmie: "Shopping online is getting crummier as well. It's ..."

[i]Krebs v Carnot: Epic Battle of the Cycling Stars (TM)[/b][/i][/s][/u]: " One of the truly fictional parts of Orson Scott ..."

N: "Is this a trick question ? Posted by: It's ..."

Recent Entries
Search


Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64