The president marched Thursday before the White House press corps and the rest of us watching and announced a quick (but temporary) fix to those people who have been dumped by their insurance companies because of Obamacare, some 50 million people and counting. The fix? You can keep your plan (heard that before?) But yes, after breaking the "you can keep your plan" promise," Obama is now saying you CAN keep your plan...for one year and until the government makes a futile attempt to get it's act together on the new healthcare.gov website. This is something he vowed not to do even after getting pummeled for granting employers a one year stay but not individuals.
Click the video to see the president's fix on keeping your insurance plan.
Wow! Did the president effectively kill Obamacare? The purpose of all these people being dumped by their insurance companies was to direct them to the federal exchanges and get on Obamacare. Now, they have been given a reprieve for a year, which means Obamacare will not be receiving the necessary money to fund the program. Stay Tuned....So all of you who have been fretting over what to do after getting a cancellation notice from your insurance company and haven't found a replacement policy, you can now go back to your carrier and get your old policy back. Right? Uh, maybe not. We don't know for sure, but knowing this president's track record on not checking on the down side of an issue, it's a good bet he did not confer with major insurance companies as to whether or not they can take back people they've dumped. And the answer is.......maybe not. More on that in a moment.
Again, Obama bypassed Congress on this. He, in effect, has changed the Affordable Care Act (Obamacare) again. Doing so violates the Constitution (not that he cares) and maybe the law. Once a bill is passed by Congress and signed into law by the president, it can not be changed in any way without the approval of Congress. (Obama on his own earlier changed Obamacare when he delayed the employer mandate provision for a year and several other provisions.)
Look, Obamacare's edicts says insurance companies are to follow the mandates of the new law. Thus companies restructured, forcing people off their plans. Now, Obama has waved his magic wand saying, 'let's go back to the way it was.' The insurance industry says it's not that easy and it will force an economic crisis within the insurance world.
Speaking of funding for Obamacare, if you sell your house click the link to see how you may just be funding Obamacare
The president is fond of saying, "let's be clear," when making a point. So, let's be clear. This so called fix by the president is no fix at all. His approval rating is now in the 30's and his signature law is a disaster. He's trying to save face with the public and members of his own party.
This, like everything else he does, was pure politics. Nothing more. His concern is not the 50 million people who lost their policies. His concern is the pressure he's gotten from his own party, especially 12 members of Congress who are up for reelection in 2014. Anything else is just bull......
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