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Thursday, December 19, 2013

Breaking News: The Obama Administration Announces It Will Potentially Allow Hundreds Of Thousands Of People To Sign Up For "Catastrophic" Coverage Plans, A Move The Insurance Industry Claims Will Cause "Tremendous Instability."

The Obama administration, in an 11th-hour change just before the holiday break,announced a major exemption in ObamaCare that will let people who lost coverage and are struggling to get a new plan sign up for bare-bones policies.

The move Thursday to allow potentially hundreds of thousands of people to sign up for "catastrophic" coverage plans was blasted by the insurance industry as a shift that would cause "tremendous instability.”

The administration downplayed the sudden change, saying they expected it to impact fewer than 500,000 people.
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6 comments:

Anonymous said...

Obama and his admin are absolutely clueless. watch them go down in flames...

Anonymous said...

I thought that was the main reason for Obamacare was to save us from the evil insurance companies that sold us inferior policies...I guess he can change the rules as he wishes

Anonymous said...

He can't and I do not understand why no one is doing anything about it.

Anonymous said...

admin has nothing upon which to base their assumptions. there's not even a vague notion of "how many".

Anonymous said...

annie
you are absolutely correct. this is a law passed by congress signed by the president and obama is just changing it anyway he wants to. this country has becaome a soft dictatorship and most people are just standing around wondering what is going on. congress should be filing articles of impeachment today. yet nothing will happen.

ginn said...

To date there have been 14, I believe, changes to this law and not one has had Congressional approval as required by law. More of this POS's "above the law" mentality.