Insurers To White House: Delay ObamaCare Or Risk "Chaos"

Tyler Durden's picture

With eight months left until million of Americans are supposed to begin shopping at online markets created by the Obamacare 'tax' law, the insurance industry is concerned at the government's lack of readiness. Bloomberg reports that Jim Donelon, the head of the National Association of Insurance Commissioners, suggested that President Obama may need to delay the implementation of the health-care overhaul or "risk chaos" when the subsidized plans go on sale later this year. While it is clear that the administration has shown no sign of seeking a delay, Donelon notes that " rush into implementation before it's ready would not be in the President's best interest."


Via Bloomberg:

President Barack Obama may need to delay his health-care overhaul or risk “chaos” when subsidized insurance plans go on sale in October, the head of the National Association of Insurance Commissioners said.


It’s unclear how well the federal government or any of the participating states will perform on Oct. 1, when millions of Americans are supposed to begin shopping at online markets created by the law, Jim Donelon, the NAIC’s president, said in an interview at Bloomberg headquarters in New York. While the administration has shown no sign of seeking a delay, it may be in the president’s best interest, he said.


“It’s his calling-card, signature issue and to rush it into implementation before it’s ready would not be in his overall interest,” said Donelon, a Republican who’s also Louisiana’s insurance commissioner. State officials around the U.S. “don’t want it to create chaos.”


The Obama administration and 18 states are preparing to establish the insurance markets, a centerpiece of the 2010 law designed to extend coverage to millions of uninsured people. The association, which represents state regulators, today named former Democratic Senator Ben Nelson of Nebraska as its chief executive officer, in an attempt to expand its influence in Washington.


“We needed the gravitas, the phone calls returned, to go to Capitol Hill, to tell our story, defend our turf, and beyond, protect and promote our system around the world,” Donelon said. “I think all the way up to and including President Obama would return Senator Nelson’s phone calls.”

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Alpo for Granny's picture

Didn't you mean..... BULLISH MOTHAFUCKA!!!!!

Say What Again's picture

Stop it.  You're killing me!


I stand corrected.


Say What Again's picture

Oh no!

The S&P is hitting the "Lows for the day"

How come Mandy isn't telling me to BTFD?

I'd go down under with her.  How about you?

Say What Again's picture

S&P at the lows for the day.  Here we go.

This is gonna be fun!

Manthong's picture

“ Risk "Chaos" “ ??


How can there be any risk involved when that is the goal for the Cloward-Piven White House Gang?

johnnymustardseed's picture

CEO of NAIC is none other than former Sen. Ben Nelson.....he wrangled for the insurance companies before.... douche

The Cornhusker Kickback: Perhaps inspired by his Louisiana colleague, Sen. Ben Nelson secured exemptions for Nebraska's Medicaid payments worth around $100 million. Along with MI Sen. Carl Levin, he also got a carve-out from the insurance fees for his state's Blue Cross/Blue Shield programs. Moreover, insurance fees for Medigap policies sold by Mutual of Omaha and other Nebraska companies were reduced.

trav777's picture

i have some business in the insurance industry and I concur...the RULES out of the states, which drive what benefits and entitlements are mandatory aren't even finalized yet.

This entire HCA is a charlie foxtrot.  You'd expect nothing less out of fedgov or Obama

Zap Powerz's picture

What makes you think this cluster fuck wasnt intentional?

The government is now only capable of governing in a constant state of crisis.  It is how they can get shit done.  And when I say "get shit done" I mean "oppress us more."

NotApplicable's picture

Remember the hallmark of governing.

"Let no crisis go to waste."

jeff montanye's picture

rahm emanuel gets credit for the idea (and he should be beaten for it regularly) but the idea predates him (probably by millennia).  

the irrepressible lefty naomi klein wrote a book about this called the shock doctrine which, like das capital, is pretty good at critique if not quite as effective at proposing reform (but better than marx):

the book traces origins back fifty years, to the University of Chicago under Milton Friedman, which produced many of the leading neo-conservative and neo-liberal thinkers whose influence is still profound in Washington today.  connections are drawn between economic policy, “shock and awe” warfare and covert CIA-funded experiments in electroshock and sensory deprivation in the 1950s, research that helped write the torture manuals used today in Guantanamo Bay. relationships to Pinochet’s coup in Chile in 1973, the Falklands War in 1982, the Tiananmen Square Massacre in 1989 and other events are drawn.


Ident 7777 economy's picture





"... neo-conservative and neo-liberal thinkers ..."


If "neo-conservative" ... what in fact and in reality?


If a "neo-liberal" ... what in fact and it reality? 


Unclear terms expressing unclear thought in my book ...

moroots's picture

bullish health insurance premiums.  my employer just raised my bi-weekly contribution by almost 22%.

Mrmojorisin515's picture

nothing to see here folks, no bubble here, go back to your tv's and microwave dinners

lolmao500's picture

You lie! (this is what the MSM is telling me anyway and they never lie!)

Premiums for individuals and small businesses are projected to increase due to the tax by roughly 2 percent this year and by as much as 3.7 percent in 2023, according to a widely cited analysis by the insurance industry.

dscott8186's picture

I'll top that lie, insurance premiums will in 2013 now be added as income to the insured.  You just had $15k added to your salary (IF you have employer sponsored health insurance), do you feel richer?  No?  

You wanted tax increases by voting for Obama, just wait for your W-2 in 2014.  


Winston Churchill's picture

Source on that ?

That will start rioting in the streets if right.No wonder they in such a hurry on getting the guns.

TideFighter's picture


How could anything like this go wrong? and here: We’re going to be gifted with a healthcare plan we are forced to purchase and fined if we don’t, which purportedly covers at least ten million more people without adding a single new doctor (but provides for 16,000 new IRS agents), written by a committee whose chairman says he doesn’t understand it, passed by a Congress that didn’t read it (but exempted themselves from it), and signed by a president who smokes, with funding administered by a Treasury chief who didn’t pay his taxes, for which we will be taxed for four years before any benefits take effect, by a government which has already bankrupted Social Security and Medicare, all to be overseen by a Surgeon General who is obese, and financed by a country that’s broke.


trav777's picture

yes, but America is diverse and getting diverser and more culturally vibrant and that is all that matters.

All the things you bring up would have been relevant in Old America, which is simply illegitimate.

stormsailor's picture

i am white anglo saxon protestant,  when they finally kill me imagine the utopia

Dangertime's picture

Wait, are you male or female?  Females can stay, but white anglo males of your type are not wanted.

stormsailor's picture

i'm male.  but nobody likes a mudshark.

Big Slick's picture

Next thing you'll be telling me is that women can serve forward combat positions

Bansters-in-my- feces's picture


Whats your point..?

Ident 7777 economy's picture







"... all to be overseen by a Surgeon General who is obese, and ... "


OMG - your are not kidding ... I did not know ...




The Surgeon General’s Weight Struggle






jcpicks's picture

Get fired from job, collect unemployment, collect welfare, collect food with free healthcare.  All while sitting on your ass.

This is the land of opportunity.


max2205's picture

It's rigged like this fucking market....

Overfed's picture

And don't forget enough free porn to make ya' peel yer dick like a banana! Shangri-la in our time!

knukles's picture

That's why internet porn will never be outlawed.


An absolute necessary part of the circus of "bread and circus" fame.

Pure Evil's picture

Without porn, you might actually have to get married and be stuck looking at the same hair pie for the rest of your life.

Pure Evil's picture

What a doofus, I pulled a double Boehner (boner).

johnQpublic's picture

you've got to buy your new healthcare plan to know whats in it

Mr. Magoo's picture

If CHAOS is the risk then we can be sure it will be implemeted without delay, after all its all part of the globalist plan. 

"You never want a serious crisis to go to waste" Rahm Emanuel
Panafrican Funktron Robot's picture

Agreed, perfect opportunity to slip in the "public option".

Karlus's picture

Clearly, this is the Repubs and Tea partys fault

fonzannoon's picture

what a bunch of bullshit. Figures. I was psyched for this thing to kick in so my premiums go way down.

 - dumb fuck

ShrNfr's picture

Say, can I interest you in some real estate close to Rockall?

donsluck's picture

I don't know about you, but my income requirements (partly due to owning my own place outright) are very low. The effect of Obamacare on me reduce my income so someone else pays for my insurance. By the way, we all need to seperate the conversation between insurance and health care. They are not the same.

secret_sam's picture

     we all need to seperate the conversation between insurance and health care.

No kiddin.  Yet you can't even get that point to permeate public consciousness.

merizobeach's picture

"Yet you can't even get that point to permeate public consciousness."

So we should all say it a few more times to get it out there:

We all need to separate the conversation between insurance and health care. They are not the same.

Good work, gentlemen.

NotApplicable's picture

Don't know what planet you're on, but I've never once seen premiums go down, let alone way down.

Did you happen to forget this emanated from a crime syndicate (albeit one with excellent PR)?

Pure Evil's picture

I hear MDB is now selling Herbalife, maybe you should contact him and get in on the ground floor.