Insurers: Obamacare Fix For Canceled Health Policies Could Raise Costs


insurancePresident Barack Obama’s fix for canceled health plans could “destabilize” the insurance market and lead to higher costs for consumers without further steps, America’s Health Insurance Plans, an industry trade group, said on Thursday.

“Changing the rules after health plans have already met the requirements of the (Obamacare) law could destabilize the market and result in higher premiums,” AHIP President Karen Ignagni said in a statement. Read more.

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  1. In 2014, Democrats will try to run away, but they can’t hide from the wrath of the citizenry.

    BTW, “fix” is the correct word when referring to Obama’s LATEST change in the ObamaCare law. Obama is above the law when it comes to everything — especially ObamaCare.

    Governing by whim is not something the Founding Fathers had intended in this democracy.

  2. If Obama and the Democratic party truly wanted to fix this mess, they would have canceled the ObamaCare entirely, or at least give people an option to keep and renew their pre-Obama policies indefinitely – which by the way was promised to the American people before the election. Obama knows: just because he waves his dictatorial magic wand to allow one more year of the policies that people like, the insurance companies won’t be physically able to reinstate in a month what took three years to destroy. The only reason for the so called “fix” is to give Obama a way to hang his blame on those evil insurance companies.