Report: Obama plans new Obamacare delay to help Dems in midterms
Although there is no official announcement yet, Elise Viebeck of The Hill is reporting that:
As early as this week, according to two sources, the White House will announce a new directive allowing insurers to continue offering health plans that do not meet ObamaCare’s minimum coverage requirements.
Prolonging the “keep your plan” fix will avoid another wave of health policy cancellations otherwise expected this fall.
The cancellations would have created a firestorm for Democratic candidates in the last, crucial weeks before Election Day.
America is descending into banana republic status, where El Supremo suspends laws with which he disagrees, or which might create political difficulties for his party. Let others deal with the consequences:
One company executive complained that the White House’s tendency to shift deadlines makes it hard to price health policies accurately.
“These continual delays, these stops and starts, make it very difficult because we set rates based on predictive modeling,” the executive said.
“When you change the rules, it has a detrimental impact on your ability to calculate your risk pool and your prices.”
When the 2016 presidential debates take place, one question to be posed to both the GOP and Democratic candidates would be: “Does the next president have the right to unilaterally suspend any or all portions of Obamacare the same way President Obama has?”
Hat tip: Ed Lasky