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Obama Considering Three Year Extension To Obamacare

Tyler Durden's picture




 

While Washington debates over what is the proper explanation of the CBO's report which explicitly states that millions of workers will drop out of the labor force over the next decade thanks to Obamacare, Obama himself may have finally thrown in the towel, realizing that the longer the full implementation of Obamacare is delayed, the longer the myth that it is a viable Ponzi scheme - as opposed to non-viable - can persist. Perhaps this explains why AP reports that the White House is now considering an extension of the president's decision to let people keep their individual insurance policies even if they are not compliant with the health care overhaul, according to two top industry officials.

From AP:

Avalere Health CEO Dan Mendelson said Thursday that the administration may let policyholders keep that coverage for an additional three years, stressing that no decision has been made. Policymakers are waiting to see what rate hikes health insurers plan for the insurance exchanges that are key to the overhaul's coverage expansions.

 

"The administration is entertaining a range of options to ensure that this individual market has stability to it and that would be one thing that they could do," he said.

 

Avalere Health is a market analysis firm, but Mendelson said his company was not advising the administration on exchange policy. He said he has had informal discussions with administration officials about the extension, but he didn't identify them.

 

A spokeswoman for the Department of Health and Human Services, Joanne Peters, said "We are continuing to examine all sorts of ways to provide consumers with more choices and to smooth the transition as we implement the law."

Earlier, Mark Bertolini, Chairman and CEO of Aetna and the nation's third largest insurer, told analysts during his earnings call that he had heard the plans may be extended. Perhaps a more important thing Bertolini said is that his company may pull out of markets if the Medicare cuts are too high, adding that 2015 may be challenging due to medicare cuts. This may have been the final straw that pushed the administration into action.

However, even a longer extension than was rumored previously will hardly help reinstate the policies of all those millions who lost coverage in the lead up to the Obamacare enactment as insurance companies know that terms will once again change eventually, so why go through the headache of temporary reinstatement just to cut all those "non-compliant" individuals once again?

Individual policyholders were hit with a wave of cancellation notices last year because their coverage was less robust than what is required under the law, and many states allowed insurance companies to simply cancel them.

 

The wave of cancellation notices — at least 4.7 million of them — hit just when the new HealthCare.gov website was experiencing some of its worst technical problems, and it undercut the president's well-publicized promise that if you liked your plan you could keep it.

You couldn't.

At first the White House went into damage-control mode, arguing that many of the cancelled plans were "junk" insurance and consumers would be better off with the broader coverage available through the health care law's new insurance markets.

 

But soon Obama was forced to reverse course, urging insurers and state regulators to allow policyholders to keep their existing plans for an additional year. Most states complied with the request.

 

Now the administration is considering adding more years to this extension to avoid another wave of problems if rates on the exchange climb too high and people are left without an affordable coverage option. Health insurers are supposed to submit by May the rates they want to charge on the exchanges next year.

Actually, the only reason why Obama is suddenly willing to compromise over every aspect of his "crowning achievement" is that finally its tactical, and strategic failure has become clear for all to see. So it would be best to enact it piecemeal, and claim success for whatever legacy aspects of the system are working, while blasting everything that his unprecedentedly complicated, centrally-planned contraption has unleashed.

Finally, why three years? Because by then Obama will be gone (absent some very radical changes to presidential term rules), and Obamacare will be someone else's problem.

 

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Thu, 02/06/2014 - 16:41 | 4408925 TruthInSunshine
TruthInSunshine's picture

BECAUSE OBAMA!!!

He and Pelosi must have just started to read the ACA.

Thu, 02/06/2014 - 16:42 | 4408927 idea_hamster
idea_hamster's picture

Next up:

"Obama considering three-year extention to presidential term."

Thu, 02/06/2014 - 16:41 | 4408930 Levadiakos
Levadiakos's picture

He's still keeping Eliz Hurley up in the attic

Thu, 02/06/2014 - 16:43 | 4408946 insanelysane
insanelysane's picture

The preliminary prices for 2015 must be extremely high because of all the sick people that enrolled and none of the youths enrolling.

Thu, 02/06/2014 - 16:46 | 4408954 onewayticket2
onewayticket2's picture

Insanelysane,

the report must have been "tanks in the streets" bad for obamacare. 

Thu, 02/06/2014 - 16:50 | 4408973 texas sandman
texas sandman's picture

But, what will this do to free the masses from that j-o-b????  

 

Can't wait to see the NYT spin on this one.  

Thu, 02/06/2014 - 16:57 | 4408990 zaphod
zaphod's picture

This shows how utterly stupid that man is.

Such an extension will effectively kill the program, but he goes along with it for near term votes.

An extension simply does the following, it allows healthy people to stay on non-ACA plans. That is it. By keeping healthy people on non-ACA plans you are garanteed to make the ACA pool unhealthy and expensive. This accelerates the negative feedback loop making ACA less and less affordable.

Don't get me wrong, I think it is great they are shooting themselves in the foot. But it exposes how fools are in charge of us.

Thu, 02/06/2014 - 16:59 | 4409019 john39
john39's picture

the fools planned all along to destroy the existing healthcare system (as crappy as it was), in order to roll out a new improved collectivist single payer hell system after the insuing chaos.

Thu, 02/06/2014 - 17:00 | 4409032 onewayticket2
onewayticket2's picture

follow the Election....

it's about November 2014 and November 2016.....that's all you need to know.

Thu, 02/06/2014 - 17:12 | 4409066 TruthInSunshine
TruthInSunshine's picture

+Boom!

It's all about that electoral college map, and the Dems are panicking based on their internal polling numbers.

Billary 2016 hath decreed ObamaBananaCare a major liability.

Thu, 02/06/2014 - 17:33 | 4409171 Freddie
Freddie's picture

If we get Jeb, Rubio, Christie, Ryan or some other RINO piece of shit - it won't matter.   Rand Paul is the only one that is probably worthwhile.

Thu, 02/06/2014 - 17:56 | 4409253 johnQpublic
johnQpublic's picture

affordable

care

act

 

 if rates on the exchange climb too high and people are left without an affordable coverage option

 

you just cant make this shit up

 

Thu, 02/06/2014 - 18:19 | 4409374 graneros
graneros's picture

It won't matter who the pubbies put on their ticket.  Jesus H. Christ could be their pick and they would still lose.  I doubt any of us over 50 will ever see another "R" President.  And to be honest I'm not sure there is that much of a difference anymore anyway.  I know I personally will not vote for any but Libertarians or possibly the Constitution Party for any elected office ever again.  Really I can't think of a single Republican (or Dem but I have never paid any attention to who they are running) that I would even consider.  The only 2 names that even come close would be Cruz or Paul but as they insist on staying firmly ensconsed in the R team... can't do it.

Thu, 02/06/2014 - 22:20 | 4410338 icanhasbailout
icanhasbailout's picture

So you would have not voted for Ron Paul, R-TX, had you lived in his House district, for the sole reason that he ran on the Republican Party line?

Thu, 02/06/2014 - 17:34 | 4409180 macholatte
macholatte's picture

 

Confused:

 

1.   Doesn't a change to ACA require an act of congress?

2.  If there were zero health insurance plans available in the USA prior to 2014 that waived a "pre-existing conditions" clause, then how can any plan survive as it was?

 

Lies, damned lies and Progressives.

Thu, 02/06/2014 - 17:40 | 4409194 Muddy1
Muddy1's picture

Congress?  What Congress?  I have a pen and a phone!  Besides, I can unilaterally decide if and when I will implement a law, it's MY Obamacare afterall!!!!  "You didn't create 'dat business, and I didn't create Obamacare."

 

He is celarly waiting until AFTER the next presidential election, and after he leaves office, so the onerous BULLSHIT called Obamacare will be left for the next President and Congress to shovel into the manure pile.  By even thinking of a 3 year delay he clearly is admitting his self named legislation is nothing but a fukup of immeasurable size.

 

 

Thu, 02/06/2014 - 17:12 | 4409068 SoilMyselfRotten
SoilMyselfRotten's picture

Just make the damn thing a single payer and all the insurance bullshit goes away

Thu, 02/06/2014 - 17:16 | 4409086 JohnG
JohnG's picture

And so do doctors, then people.

Thu, 02/06/2014 - 18:41 | 4409478 TuPhat
TuPhat's picture

My insurance didn't change that much but the clinic in town closed on Dec. 31 and all the doctors left town.  I'm not sure if there are any doctors in towns close by that are on the preferred providers list.  Delaying the ACA for 3 years won't clean up the mess.  Neither will a single payer system.  Health care for the 1% is still a given for the rest of us, not so much.

Thu, 02/06/2014 - 17:16 | 4409094 Hacked Economy
Hacked Economy's picture

Am I missing something?

The ACA (Obamacare) was passed by Congress, making it a product of the Legislative branch.  The Executive branch cannot arbitrarily make any changes to the ACA.  Yes, I know he already has made exemptions and previous delays for certain provisions of the ACA, but he doesn't have the Constitutional authority to do so.  Obama cannot implement any extensions.  Only Congress can do it.

People, this is Gov 101 stuff...why isn't the House calling him on this?  I understand why the Dem-controlled Senate would turn a blind eye to their Messiah, but the conservative-leaning House?  Not even one Rep is screaming and holding public press conferences to enlighten the masses and embarrass Obama?

This all seems so ridiculous.  I shake my head in disgust and disbelief with how much the Prez is getting away with, that our forefathers (not necessarily the Founding Fathers, but even Americans only 100 yrs ago) wouldn't have put up with.

Thu, 02/06/2014 - 17:26 | 4409146 knukles
knukles's picture

Nobody in DC cares.
Just wait until a maniacial Right Winger gets in...

Holy Sheeit!

Thu, 02/06/2014 - 17:27 | 4409148 Theta_Burn
Theta_Burn's picture

Suspiciously the same Reps caved on the looming debt ceiling, hmm...

The lot of these idiots couldn't plan a BarBQ

Thu, 02/06/2014 - 17:29 | 4409151 Blano
Blano's picture

Because the House leadership is a bunch of traiterous idiots, that's why.

Thu, 02/06/2014 - 17:29 | 4409160 NoDebt
NoDebt's picture

You, me and everyone we both know is wondering the same thing.

You getting the point that the two parties are just opposite sides of the same coin yet?  They BOTH want the power and control that accrues with this program.  They're just bickering over who gets to be at the controls.

Thu, 02/06/2014 - 17:47 | 4409218 Hacked Economy
Hacked Economy's picture

Unfortunately, I have to agree with you that the Repubs and Dems have evolved to the point where they're perhaps 80% the same now, with only nominal differences between them for the sake of gathering votes from different groups of voters.  There are a handful of true statesmen, but they're drowned out in the sea that is our current Congress.

But my point earlier was that you'd think someone on the Repub (or even Libertarian) side of the aisle would grab this as an opportunity to slam Obummer and the Dems who support him.  I mean, it's practically served on a silver platter for just that purpose, but nobody's talking about it.

Makes me start to wish for a magic wardrobe to Narnia where a group of us can start fresh and leave this place to the black hole forming in D.C. (and the choose-your-state legislatures as well, depending upon where you might live).

Sux.

Thu, 02/06/2014 - 18:10 | 4409329 onewayticket2
onewayticket2's picture

how the dems craft their tactics...

 

1. obama signs Exec Order to delay

2. republicans - seeing that this is a stall tactic to get through elections - claims (correctly) that this is unconstitutional.

3. democrats beat the Republicans over the head for doing something Americans need (until ocare can get "properly priced") and demanding obama care be implemented.

4. press runs endless stories about how Republicans hate people and want them to be poor.

(if republicans do NOT object, obama solidifies precendent for Dictatorship - either way, he wins)

5. democrats get re elected in November.  

6. obamacare implemented.

Thu, 02/06/2014 - 18:14 | 4409350 viahj
viahj's picture

wouldn't it take a lawsuit taken all the way to SCOTUS?  those traitors already "constitutionlized" ACA as a fee, not a tax... or was it a tax and not a fee?  fucking circus court.

Thu, 02/06/2014 - 18:38 | 4409465 Hacked Economy
Hacked Economy's picture

And there's another conundrum.  The final version of the ACA (as it was voted upon and passed) was re-written by the Senate, including the "finance" parts.  Per the Constitution, only the House may pass tax- or funding-related legislation.  The Senate is prohibited.  So that being said, I believe the SCOTUS decision might have actually been a deft attempt by the Justices to leave the door open for an intelligent lawyer/group to properly challenge the Constitutionality of the entire ACA (you know, since everyone now acknowledges it as a tax).  Here's another opportunity served up on a silver platter, but nobody's talking about it.

This isn't rocket surgery.  If I - being a regular Joe - can see these things along with some of my ZH brethren, then surely others must see them, too.  You'd think somebody with a [conservative] axe to grind against the Obama machine would take up the torch.

Thu, 02/06/2014 - 22:32 | 4410370 post turtle saver
post turtle saver's picture

it's all about timing

Thu, 02/06/2014 - 17:38 | 4409193 knightowl77
knightowl77's picture

I believe Rand Paul has filed a lawsuit against obummer usurping legislative powers....

short of impeachment - I believe that is all that can be done, since the establishment repubs will not shut the gov't down again over this BS

Thu, 02/06/2014 - 17:19 | 4409101 Theta_Burn
Theta_Burn's picture

And just like that another decree uttered, a few sound bites, maybe even an apologetic "we dropped the ball" chuckle about the whole thing, whilst going on the road proclaiming of "all we learned" from this "big fucking deal"

And my family lost our BCBS which sucked, got switched to Aetna, which sucks even more, but do realize it could have been much worse.

Everyone pissed yet? no? watch this http://www.youtube.com/watch?v=DAbbGyX_bGI

I wonder how the fuck this guy even make his way to his office?

 

Thu, 02/06/2014 - 17:22 | 4409111 TruthInSunshine
TruthInSunshine's picture

And then off for another 5 week vacation in Hawaii.

Thu, 02/06/2014 - 17:00 | 4409022 insanelysane
insanelysane's picture

Not sure if it is stupidity or an inability to focus on more than one thing.  I believe he focused on how many new enrollees would get free health care without ever considering what the paying customers would need to pay; for mandatory coverage.  Probably looking at bronze plans with a $2k/month premium and $25k deductible.

Thu, 02/06/2014 - 17:07 | 4409045 zaphod
zaphod's picture

"Probably looking at bronze plans with a $2k/month premium and $25k deductible."

At that price I would pay the penalty and wing it with my family. Suspect many others would as well.

Thu, 02/06/2014 - 18:58 | 4409552 insanelysane
insanelysane's picture

I think that is what most people will be looking at for 2015.

Thu, 02/06/2014 - 17:25 | 4409138 kchrisc
kchrisc's picture

First, I don't think that he makes any decision except on what golf course to use. Next, based on all of the spin and propagandizing I have seen in the propaganda media, I believe the Internet and alt-media won this one. Like Sandy Hoax and “Boston goes boom," they haven't been able to get ahead of this and surf it on in. Game, set, match.

The next big move will be against the Internet. They won't be able to take our guns, push Obamacare on in to the hilt or subdue the sheeple's minds unless they do, and they know this. Watch for it.

 

"What's 'kiddie porn?' I don't know, but I'll know it when I see it on a dissenter’s computer."

Thu, 02/06/2014 - 18:05 | 4409311 Montgomery Burns
Montgomery Burns's picture

No internet and a huge chunk of the healthcare system in the US shuts down. Supply ordering, documentation, provider to provider as well as provider to patient communication,billing, etc all more and more internet based all the time.

Fri, 02/07/2014 - 00:14 | 4410628 kchrisc
kchrisc's picture

I don't think that they will shut it down, but institute "controls."

I think the first move will be a "sweep" against "kiddie porn" and copyrighted material hosting, etc. We got a taste of what they are capable of with Megaupload.

They will do this directly to some sites and indirectly via the companies hosting the sites.

When sites like ZH, Mises.org, LewRockwell.com, etc. one day are gone, then we'll know.

Later non-anonymous controls and other things will be instituted. They will make it hard to communicate about them in reasonable safety and will shift the economics of the Internet further to benefiting the large firms.

Just my 1913 dollar.

Fri, 02/07/2014 - 03:29 | 4410865 James-Morrison
James-Morrison's picture

Censorship won't be "unconstitutional" if they call it a "blogger tax"? It's not fair that only some people ave access to the Internet.

ObamaNet will remove the inequity.

Each post on the net will get assessed a ten-cent tax, collected by the blog site. That should remove most dissent.

(just thought I'd add my own two-cents before the imposition of ObamaNet)

Fri, 02/07/2014 - 16:36 | 4413014 kchrisc
kchrisc's picture

Tomato, Tomäto, guillotine.

Thu, 02/06/2014 - 18:22 | 4409391 Van Halen
Van Halen's picture

Zaphod, may I respectfully offer another view - that the extension will not kill the program because this bunch have at this point, already realized that they can simply change the rules at will - without Congress or the law.

Thu, 02/06/2014 - 16:51 | 4408991 SilverIsKing
SilverIsKing's picture

He wants to be liked and no longer needs the headache.  3 years gives him time to get out of Dodge and start counting his money.

Thu, 02/06/2014 - 17:13 | 4409071 rbg81
rbg81's picture

Yup.  Delaying it for 3 years preserves his "legacy" and will help the Dems minimize the political damage from the OCare debacle.  Of course, whoever follows Obama will also have the power to delay.  So it will NEVER take effect.  In the meantime, the Insurance Industry stooges who went along with this scheme will be left holding the shit bag.

Thu, 02/06/2014 - 17:23 | 4409127 SDShack
SDShack's picture

Wrong, the insurance companies wrote 0zer0care. It has a bailout clause in it so the insurers get paid either way. Either through increased signups and premiums that accrue, or the govt. bails them out on the difference. No matter what 0zer0 says, you can guarantee the insurance company bailout will go through because the lobbyists have paid for all the politicians. But there is nothing 0zer0 can do to stop the double digit increases coming in ALL EMPLOYER SPONSORED plans this summer. That will happen because the risk pools have been obliterated. No extension of the delay of employer mandate can stop that. We are going to see a repeat of last fall when 5+million people lost their PERSONAL plans. Only this time it will be 10x worse because this is EMPLOYER plans. 0zer0 has no idea how bad this is going to be in a few months. Just before the 2014 elections. The dumbcrat wipeout will be epic unless the repukes save them with amnesty.

Thu, 02/06/2014 - 17:31 | 4409163 Blano
Blano's picture

Count on Boner & Co. to snatch defeat from the jaws of victory somehow.

Thu, 02/06/2014 - 17:33 | 4409173 kchrisc
kchrisc's picture

"Winner, winner, chicken dinner."

 

"The institution that extorts wealth, jails, executes and wars against people, takes our children to kill or be killed, bombs wedding parties, snoops and spies is going to assist us with our healthcare. Can you see it?"

Thu, 02/06/2014 - 23:08 | 4409602 rbg81
rbg81's picture

I hope you're right.  As far as I'm concerned, the blowback from this can't be severe enough.  However, you know the MSM will tell the sheeple that poverty is prosperity, slavery is freedom, and no job or healthcare is liberation--and if you disagree, then you're a racist.  The dumb bastards will lap it up.

Thu, 02/06/2014 - 21:34 | 4410164 Common_Cents22
Common_Cents22's picture

yep, the big ship of disaster is already in motion and will take a long time to turn around.   there is no easy putting the obamacare genie back in the bottle now

Thu, 02/06/2014 - 16:46 | 4408956 Boris Alatovkrap
Boris Alatovkrap's picture

Definition of Dictator... Rule not by law, but by whim. His whim.

Thu, 02/06/2014 - 16:47 | 4408967 TruthInSunshine
TruthInSunshine's picture

In KronyKomrade USSA, wimp rule you!

Thu, 02/06/2014 - 18:53 | 4409529 machineh
machineh's picture

If you like your plan, you can keep your plan ... till I say you can't.

HA HA, I didn't say 'Simon says'!

Thu, 02/06/2014 - 16:50 | 4408971 Levadiakos
Levadiakos's picture

European and I'm a Putin

Thu, 02/06/2014 - 16:54 | 4408972 Levadiakos
Levadiakos's picture

Aetna says its Obamacare enrollees so far are "a little skewed to higher-cost individuals," but "nothing alarming."

Thu, 02/06/2014 - 16:56 | 4409009 texas sandman
texas sandman's picture

Having worked in an insurance company home office many moons ago, my translation: " Holy shit....we're fucked"

Thu, 02/06/2014 - 17:12 | 4409067 Winston Churchill
Winston Churchill's picture

The actuaries probably threatened to quit because of all Obozos changes/whims

were making it far  too exciting, like accountancy, or something.

Thu, 02/06/2014 - 16:48 | 4408963 mayhem_korner
mayhem_korner's picture

 

 

By "youths" you mean "yutes", right?

-Vinny

Thu, 02/06/2014 - 16:51 | 4408977 HyBrasilian
HyBrasilian's picture

h/t slewie!

Thu, 02/06/2014 - 17:44 | 4409208 tip e. canoe
tip e. canoe's picture

miss that pi-rat

Thu, 02/06/2014 - 16:47 | 4408960 Stoploss
Stoploss's picture

Pretty sure there wont be any Barrycare in the NTDF.

Thu, 02/06/2014 - 17:01 | 4409029 Levadiakos
Levadiakos's picture

KimJung Obama's insurance policy against impeachment is Joe Biden. Is there a dumber m/f ever held that job?

Thu, 02/06/2014 - 17:32 | 4409167 knukles
knukles's picture

And those asshole Progressives bitched, pissed and moaned about Sarah Palin being dumb.

LOL

Poetic Justice

 

 

Thu, 02/06/2014 - 17:46 | 4409215 Watch Bird 1
Watch Bird 1's picture

LOL....anyone remember Dan Quayle? Even so, Biden could be out front on this one.

Thu, 02/06/2014 - 18:00 | 4409274 Being Free
Being Free's picture

damn you're quick.  good choice.

Thu, 02/06/2014 - 17:59 | 4409271 Being Free
Being Free's picture

Is there a dumber m/f ever held that job?

Dan Quayle comes to mind as a possibility.  Would love to see he and Joe try to play a game of checkers.

Thu, 02/06/2014 - 23:00 | 4410436 icanhasbailout
icanhasbailout's picture

If you think ANY of these cretins are "dumb" you are fatally underestimating the threat to your life and the lives of those you love. None of this is by incompetence.

 

Obamacare = T-4 program, rebooted, the policy precursor that led directly to the Holocaust. They are coming. The only question is the pain level of coming for you greater or less than the pain level of coming for someone else first.

Thu, 02/06/2014 - 18:45 | 4409508 WillyGroper
WillyGroper's picture

It's a big fukn deal man.

Thu, 02/06/2014 - 16:46 | 4408961 ArkansasAngie
ArkansasAngie's picture

These guys need to resign.  They honestly are making a mess of things.

Thu, 02/06/2014 - 16:57 | 4409020 Levadiakos
Levadiakos's picture

If you ever wonder what a Biden presidency would look like, just imagine Rob Ford as the Mayor of Sochi.

Thu, 02/06/2014 - 18:56 | 4409536 machineh
machineh's picture

... with Nancy Pelosi as his executive secretary.

Thu, 02/06/2014 - 16:45 | 4408945 Headbanger
Headbanger's picture

Three year extension!!??  It's all  over.. He just caved in on it.

Thu, 02/06/2014 - 17:08 | 4409050 Ignatius
Ignatius's picture

Brief message to all those who already ran out and signed up for this pig:

Hahahahahahaha....

Thu, 02/06/2014 - 17:27 | 4409152 Levadiakos
Levadiakos's picture

This is the day the president blames Bush, Fox News, the Tea Party ,the weather, banjos, and big oil.... otherwise known as Thursday.

Thu, 02/06/2014 - 22:42 | 4410400 Meat Hammer
Meat Hammer's picture

I can't believe you only got 3 up-arrows for that, Levadiakos.  That's some funny shit right there.

Thu, 02/06/2014 - 17:28 | 4409157 Greenskeeper_Carl
Greenskeeper_Carl's picture

The ones who ran out and signed up for this thing are the ones who are laughing. The only people who bothered are the poor and the really unhealthy with numerous preexisting conditions that would make any insurance policy insanely expensive, but are now having their costs divided up amongst the rest of us. That this is happening is because they expected a lot of young healthy people to sign up and pay rediculously high premiums to help pay for old fat and unhealthy people and offset the cost. They were expected to do this solely because Obama told them too, social responsibility, etc. and they have responded with a metephorical 'fuck off'. So now there are no young people to offset the cost, which means it falls on the insurance companies, who under the law they wrote and helped pass, aren't allowed to charge them realistic premiums, to pay for this. And, they still win, because there is a bailout provision in the law that the fed gov will bail them out if they start to go under due to high costs. So, once again, the average working, tax paying American is the one that pays for it.

Thu, 02/06/2014 - 17:34 | 4409177 Ignatius
Ignatius's picture

Fair point.

I guess I was thinking of those who signed up because they mindlessly thought 'it's the right thing to do'.

Thu, 02/06/2014 - 21:08 | 4410091 mumbo_jumbo
mumbo_jumbo's picture

LOL, not even....the last thing that nutcase wants is to be president when this clusterfuck REALLY gets going.

Thu, 02/06/2014 - 16:45 | 4408947 TideFighter
TideFighter's picture

Because you have to pass the 2nd term before you find what's in it. Fuck BO

Thu, 02/06/2014 - 16:53 | 4408981 TruthInSunshine
TruthInSunshine's picture

I am urging my "representative" to sponsor The Let's Stick John Boehner Up Nancy Pelosi's Anus Act (TLSJBUNPAA), and no one should legitimately vote against it, because it needs to be passed to find out what's in it.

Thu, 02/06/2014 - 17:02 | 4409036 RacerX
RacerX's picture

You should sell PPV on this too..

Thu, 02/06/2014 - 17:47 | 4409222 knukles
knukles's picture

Truth...

That's now making the rounds ....

Thu, 02/06/2014 - 17:18 | 4409098 JLee2027
JLee2027's picture

My feelings on ObamaCare:

http://www.youtube.com/watch?v=MH7KYmGnj40

Thu, 02/06/2014 - 18:08 | 4409316 lordylord
lordylord's picture

With a 3yr delay in the ACA, what exactly has Obama achieved in his presidency except to pile on trillions more in debt?  What a pathetic waste of 8 years.  Where are you Dr. Paul?

Fri, 02/07/2014 - 03:39 | 4410873 James-Morrison
James-Morrison's picture

Re-election of the incumbants. Removal of any challengers on either team. Bail-out of insurance companies -- just to name a few....

Thu, 02/06/2014 - 16:41 | 4408931 stant
stant's picture

its the writing on the wall that has thier intrest

Thu, 02/06/2014 - 16:45 | 4408932 onewayticket2
onewayticket2's picture

"this is a GREAT idea"   -- Hillary 2016 Campaign

Thu, 02/06/2014 - 17:00 | 4409034 Rainman
Rainman's picture

Billary and health insurance have a lot in common ... both are expensive, impossible to understand and what you get is not even remotely guaranteed.

Thu, 02/06/2014 - 17:34 | 4409178 onewayticket2
onewayticket2's picture

....and it has zero to do with healthcare and everything to do with control over the voting populace.

Thu, 02/06/2014 - 16:49 | 4408933 ebworthen
ebworthen's picture

So a law that's not a law, that allows the insurance mafia to raise rates and deductibles whlie letting corporations off the hook for an employee's health insurance costs and granting the IRS more ways to latch on to an individual's income.

Sounds like the "unaffordable rape the middle class sickcare act" is proceeding precisely as planned.

Thu, 02/06/2014 - 16:49 | 4408976 Boris Alatovkrap
Boris Alatovkrap's picture

... smooth as Y-K Jelly.

Thu, 02/06/2014 - 16:52 | 4408998 mayhem_korner
mayhem_korner's picture

 

 

Boris - y'outdid y'self on that one.  +1

Thu, 02/06/2014 - 16:44 | 4408935 andrewp111
andrewp111's picture

3 years is a long enough time frame that someone with "legal standing" could challenge a delay in court.

Thu, 02/06/2014 - 17:52 | 4409240 knukles
knukles's picture

"Legal standing" n,v, adj, adv, action of posing nude on street corners, (Latin, derived from "Yeah, yeah, yeah, move along or you'll be in Gitmo in the morning")
A person (aka connected big money campaign contributor or corporation) that has the Executive, Legislative and Judicial branches of government at their beck and call.  All others can eat shit and die while awaiting medical attnetion under ObieCare"

Fat chance

Thu, 02/06/2014 - 16:44 | 4408940 buzzsaw99
buzzsaw99's picture

i hope he gets a toomah

Thu, 02/06/2014 - 16:45 | 4408942 Duc888
Duc888's picture

 

 

Just remember:

 

It's

a

tax

Thu, 02/06/2014 - 16:44 | 4408952 Gene Parmesan
Gene Parmesan's picture

Lawlessness.

Thu, 02/06/2014 - 16:46 | 4408953 mayhem_korner
mayhem_korner's picture

 

 

Obamacare - the first-ever viable Ponzi scheme.  'enuf said.

Thu, 02/06/2014 - 16:52 | 4408988 Hippocratic Oaf
Hippocratic Oaf's picture

Thought that was SS, mayhem?

Thu, 02/06/2014 - 16:55 | 4409003 mayhem_korner
mayhem_korner's picture

 

 

Don't bother me with details...can't you see I'm trying to enjoy a tumbler of single malt?!?!?

Thu, 02/06/2014 - 16:55 | 4409005 NOTaREALmerican
NOTaREALmerican's picture

What about Social Security, Medicare, and medicare part-d?  

The OldFarts love socialism.

Thu, 02/06/2014 - 16:47 | 4408958 madcows
madcows's picture

whatever helps the D-bags in the next election, that's all.

Here's one vote for sucession

Thu, 02/06/2014 - 17:11 | 4409062 Billy Sol Estes
Billy Sol Estes's picture

Sucession of what?

Don't you mean secession?

Thu, 02/06/2014 - 16:46 | 4408962 max2205
max2205's picture

Seroiusly?

Thu, 02/06/2014 - 16:47 | 4408968 John_Coltrane
John_Coltrane's picture

As Nelson (the Simpson's) might say,  "HaHa"

What a Joke, too bad people will die (and they won't be laughing).

Thu, 02/06/2014 - 16:50 | 4408974 Make_Mine_A_Double
Make_Mine_A_Double's picture

So the insurance companies are supposed to take ObOzO's word for it? The damage is done and will just pile up from here. 2.5 million lost jobs is no doubt a lowball call by CBO.

But he was tryin' to do good for da' common folk. Presidentin' be hard and shiite.

 

Thu, 02/06/2014 - 17:14 | 4409077 SDShack
SDShack's picture

The insurance companies don't care. They wrote 0zer0care and it has a bailout clause in it so the insurers get paid either way. Either through increased signups and premiums that accrue, or the govt. bails them out on the difference. No matter what 0zer0 says, you can guarantee the insurance company bailout will go through. But there is nothing 0zer0 can do to stop the double digit increases coming in ALL EMPLOYER SPONSORED plans this summer. That will happen because the risk pools have been obliterated. No extension of the delay of employer mandate can stop that. We are going to see a repeat of last fall when 5+million people lost their PERSONAL plans. Only this time it will be 10x worse because this is EMPLOYER plans. 0zer0 has no idea how bad this is going to be in a few months. Just before the 2014 elections. The dumbcrat wipeout will be epic unless the repukes save them with amnesty.

Thu, 02/06/2014 - 17:54 | 4409250 knukles
knukles's picture

Easy...
Eazzzzzzzzzy...

They did it all for the children.

 

 

To pay for the rest of their lives

Thu, 02/06/2014 - 16:50 | 4408975 youngman
youngman's picture

This will destroy the insurance companies..because the sick and poor will sign up....they will not pay...the costs will skyrocket..and next years premiums will double for normal people....which there will be a few signing up...liberals I hope...the care side will be in shambles as no one will know who is paying...or if they will...and the info is all wrong....this is a great thing...to destroy healtcare...and it will kill people....I wonder if we will hear those stories

Thu, 02/06/2014 - 16:54 | 4408999 Hippocratic Oaf
Hippocratic Oaf's picture

'I wonder if we will hear those stories'

Yes, just not from 'his people'

Thu, 02/06/2014 - 16:52 | 4409000 NOTaREALmerican
NOTaREALmerican's picture

How many dead OldFarts do you see without medical insurance?   None,  it's still going strong and we're all paying for unlimited hip replacements and motorscooters for these leaches.

Seems to me everybody should have the same scam these leaches are getting.  Cut-off the OldFarts from their medical scam, or give it to everybody.

Thu, 02/06/2014 - 17:01 | 4409030 Hippocratic Oaf
Hippocratic Oaf's picture

You'll never win with the 'old fart' BS.

The system sucks and there are the boomers getting older and god bless them, sticking around.

The older I get, the more I understand now, not then, that the old farts have a lot to teach us.

Respect them, one day, if you're lucky, you'll be one.

Thu, 02/06/2014 - 17:06 | 4409049 NOTaREALmerican
NOTaREALmerican's picture

Re:  Respect them, one day, if you're lucky, you'll be one.

I respect ANY group of people duplicitous enough to tell other people the socialist scam they are living off is isn't really socialism and others can't have the same scam.

The secret of success is duplicity, and the secret of happiness is self-delusion.  The entitled OldFarts living off of socialism created most of these scams, and I'm only 5 years away from being on it too.

Disclaimer:  I LOVE my socialist scams, and I admit they are socialist scams.

Thu, 02/06/2014 - 21:36 | 4410173 pupdog1
pupdog1's picture

They built and defended this country, bitch.

Thu, 02/06/2014 - 21:41 | 4410183 pupdog1
pupdog1's picture

My understanding is that it is written into Kenyacare that insurance companies that are going under must be bailed out by the feds--too sick to fail.

After all, the insurance fucks wrote this fascist crap.

Thu, 02/06/2014 - 16:51 | 4408979 Obama_4_Dictator
Obama_4_Dictator's picture

Fuck that - he should fully implement it now! Let's get it over with already.

Thu, 02/06/2014 - 16:52 | 4408982 NOTaREALmerican
NOTaREALmerican's picture

Actually, if I knew I could get the same welfare medical scam the OldFarts get I'd quite my job too.

I only work for health insurance (and to post on here, of course). 

Thu, 02/06/2014 - 16:53 | 4409002 the not so migh...
the not so mighty maximiza's picture

he raised everyones premiums,  mission accomplished into the ditch

Thu, 02/06/2014 - 16:55 | 4409008 swmnguy
swmnguy's picture

Well, there's really no point buffing a turd.  No matter how you buff it, it's a turd.  I've got a "grandfathered" policy in Minnesota.  I've looked on the government websites, and my policy, for a $5000/10,000 family policy with 100% coverage (the deductible = the out of pocket maximum), I've already got the best policy for the premium price.  But it doesn't cover chemical dependency, so it doesn't meet the minimums, and I'll have it exactly as long as my insurer feels like selling it.  For the same premium/deductible, I get chem dep, but it's a 60% or 70% policy, meaning my o.o.p. is 30%-40% higher than the deductible.

Most people getting cancelled had truly shite coverage, and those who lost employer coverage and are in the individual market now had no idea how much the stuff actually costs.  Very few employees understand their health insurance represents around a 25% raise they aren't going to ever get.

Obama's mortal error was to try to keep the medical finance machine happy and prosperous.  Not possible.  They're bound and determined to extract the maximum, even if they price themselves out of business.  Putting everybody on Medicare would have worked better than this hodgepodge of nonsense.  Would have been cheaper too, without the paper-shuffling, money-extracting middlemen.  Still would have been a cluster of epic proportions.  The old system was collapsing under its own weight; that's why insurers and large employers pushed ACA.  But ACA is just another can-kicking exercise, like so many others.

Thu, 02/06/2014 - 16:59 | 4409028 NOTaREALmerican
NOTaREALmerican's picture

Re:  Putting everybody on Medicare would have worked better than this hodgepodge of nonsense.

Oh no, that can't be true.

Don't forget, if you are over 65 you are ENTITLED to a socialist scam.   But if under 65 then you are nothing but one of "those people" on welfare.

All Libertarians know this.   Are you some kinda commy hippy?

Thu, 02/06/2014 - 16:58 | 4409014 robnume
robnume's picture

So, Blobama WILL be finishing Dubya's fourth term, after all. Obamascare is the antithesis of healthcare.

Thu, 02/06/2014 - 16:57 | 4409018 f16hoser
f16hoser's picture

Obama is to Stupid to admit he's Stupid.

Thu, 02/06/2014 - 16:58 | 4409021 Randoom Thought
Randoom Thought's picture

The reason it is unviable and too expensive is because there are too many parasitic mouths to feed. The whole thing smells of being cooked up by the insurance and drug companies to guarantee profit for them. Guaranteed overstuffed feedbag for the dirty greed bags and their cronies.

Thu, 02/06/2014 - 17:03 | 4409042 notquantumdum
notquantumdum's picture

I'm sure Obama is considering delaying the inevitable pain he will bring to millions of voters [until after the next election, if not longer]; but tell me again, where exactly does he obtain the legal authority to change the "law of the land" as Dems are so fond of describing the Patient Destruction and Unaffordable Care Act?

Has there ever been another US President to actually change the black-and-white requirements of a law -- by executive order [but without provisions for this kind of executive-branch-change being built into the law itself] -- instead of merely interpreting the ambiguous portions of written laws when they are not clear?

Thu, 02/06/2014 - 17:03 | 4409044 NOTaREALmerican
NOTaREALmerican's picture

Oh, come on, the constitution is just a piece of paper.

Thu, 02/06/2014 - 17:12 | 4409063 notquantumdum
notquantumdum's picture

You're absolutely correct, if they don't enforce it.

Thu, 02/06/2014 - 17:06 | 4409052 pupdog1
pupdog1's picture

The Kenyan's only allegience is to the filthy insurance middlemen who wrote Kenyacare.

Not a penny is going to go to citizens in the form of better coverage, or to the healthcare providers themselves.

If the GOP wasn't so bought-off as well, they wouldn't let obama make yet another unconstitutional change to an existing law. As it implodes (it hasn't even started yet), not a democrat running would remain in office.

Thu, 02/06/2014 - 17:09 | 4409058 JayKitsap
JayKitsap's picture

O'Care has already cooked the individual market Goose.  Taking it out of the pot and glueing the feathers on will not get it to fly.

With his magic pen and hopeful words he will decree that all laws are changed forever, or they reach their expiration date.  He will resserect plans and magically have them updated to the current years costs, get the plans thru all of the state boards and let all of the customers that had plans go back to the old one, leaving the sick and tired few in the remnants of Bronzed, Silvered, and Guilded.

Thu, 02/06/2014 - 19:05 | 4409579 machineh
machineh's picture

Or 'gelded,' as the case may be.

When Hillary takes over, castration will be free (and later, mandatory).

Thu, 02/06/2014 - 17:13 | 4409082 bankonzhongguo
bankonzhongguo's picture

This is what they want.

It's a perfect holding pattern.

Businesses get a pass, the mandate is in place, insurance rates continue to climb, no deflation in medical costs.

It's not a failure.

These rapists just got their vitamin E and penicillin shots and are heading back to the rape rooms.

Three more years of this and another eight under Hillary?

Good luck to everyone.

Thu, 02/06/2014 - 17:13 | 4409083 MedicalQuack
MedicalQuack's picture

Just I said all comes to a screeching halt if you don't have the technology to keep up, that's what runs all of it, on servers 24/7.  I suggested to have the GAO or the NISS to simulate what came out of the CBO too as if you can't simulate it, then the numbers are junk.  If you want to cheat on stats, 59 year old book tells you exaclty how to do it too..

http://ducknetweb.blogspot.com/2014/02/a-how-to-lie-with-statistics-guid...

One more point, Massachusetts bringing in United Healthcare to fix their exchange...this is one is interesting as they get $10 to have it fixed in 30 days...deal or no deal..real or Memorex...I'm kind of siding with Memorex:)   If I could see more of what the job required I could guess better but I'm looking at normal times of development and what I have been able to read.  Remember United is the favorite carrier and contractor of Kathleen Sebelius, the #1 health IT expert in the US:) 

http://ducknetweb.blogspot.com/2014/02/one-more-state-massachusetts-brin...

When are folks going to quit sucking to the Algo Fairies...they have grown beyond just hanging around markets...when you read the link above look at the link on how United goes out bids and wins a contract and then finds out they have no providers to see patient in a county in Maryland...you can't make this stuff up and the county rescinded their contract...think their intel is that great...nope.

Thu, 02/06/2014 - 17:39 | 4409195 Blano
Blano's picture

Quite the cutie you are (if that's you).  With a brain to boot.

Thu, 02/06/2014 - 17:16 | 4409096 Seasmoke
Seasmoke's picture

King Obama. Making it up as he goes. Day by day. 

Thu, 02/06/2014 - 17:18 | 4409104 roadhazard
roadhazard's picture

I'll believe it when I see it.

Thu, 02/06/2014 - 17:25 | 4409141 robertocarlos
robertocarlos's picture

Does Hillary know Obama is President for life?

Thu, 02/06/2014 - 19:23 | 4409638 monad
monad's picture

You say that like its a bad thing, son. Hillary can fix that.

Thu, 02/06/2014 - 18:15 | 4409161 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

This is a fucking joke anyways. The insurance companies that cancelled policies are not going to reissue them anyways because they have to call in the actuaries and redo all the risk tables to figure out the premium prices again. That shit ain't happening until renewal time. The other joke is come renewal time they re-offer these old polices the fact of the matter is they are going to be 100%+ more expensive than they were prior to Obamacare and would have been if Obamacare wasn't the law of the land. People still get fucked either way if the choose or don't choose them. Then you got the fact they got downsized to part time work and working 3 jobs to make less than what they would have before Obamacare became the law of the land.

This is nothing but a giant fuck you smoke and mirrors sticking the knife in the back of people for not going along with Obamacare. It will do nothing to help anyone or bring costs down. This is how he rolls you get punished for not going along with his scheme while he claims he is helping you. We've seen this story already.

The reality is no one Congress or the White gives a fuck about you or your health insurance needs. If they did they would at least on both sides over ride Obama on the fines on businesses and 29.5 hour work week rules to help Americans out and get businesses back to hiring. You don't see businesses complaining about this do you or Republicans doing anything about this. That is something that would help all American workers immediately.

Thu, 02/06/2014 - 18:36 | 4409463 Van Halen
Van Halen's picture

Another thing that you don't see any of these guys fighting for is the ability to buy insurance across state lines instead of being stuck with a local monopoly. As far as our elected leadership is concerned, I have two words:

Hell awaits.

Thu, 02/06/2014 - 17:37 | 4409186 phoolish
phoolish's picture

Millions of "non-compliant" policies have already been cancelled, never to return.  Another PR Scam Operation.

 

Thu, 02/06/2014 - 18:35 | 4409452 Van Halen
Van Halen's picture

I'm just excited that once I sign up for Obamacare, I won't be chained to a job.

Thu, 02/06/2014 - 18:58 | 4409545 Lmo Mutton
Lmo Mutton's picture

In other news the US Legislative branch has been ruled obsolete by the executive branch today claiming compliance with the paperwork reduction act......

Thu, 02/06/2014 - 18:59 | 4409550 Obamananke
Obamananke's picture

It is to EFFIN late my policy has already been cancelled. Will never be reinstated you dumb fuck

Thu, 02/06/2014 - 19:08 | 4409582 pashley1411
pashley1411's picture

Who could be surprised?   The dem base has no concern with actually assisting people.

But they passed a law, you see, and everyone is going to get health insruance coverge now, you see, aren't we great?

Thu, 02/06/2014 - 19:12 | 4409603 The Dismalist
The Dismalist's picture

Will this become the newest version of the Medicare sustainable growth rate, promising to cut the fees paid to *greedy* doctors that is wiaved, year after year, because Congress can't bear the political price of actually allowing a terrible policy to go into effect but they also can't bear to have real numbers used in calculating future deficits and debt? It's a charade, everybody following it knows it will never go into effect, but so long as it masks just how badly screwed the fiscal future is they'll keep it on the books.

Thu, 02/06/2014 - 19:37 | 4409709 bh2
bh2's picture

It's good to be king.

Thu, 02/06/2014 - 19:54 | 4409774 Dr. Hannibal Lecter
Dr. Hannibal Lecter's picture

Laws are so overrated....

Thu, 02/06/2014 - 21:14 | 4410102 mumbo_jumbo
mumbo_jumbo's picture

"Policymakers are waiting to see what rate hikes health insurers plan"

 

so i guess we know who is in fucking charge!!!

Thu, 02/06/2014 - 22:07 | 4410273 DaveA
DaveA's picture

Insurance companies are happy that they got to drop a great many longtime customers with expensive, chronic illnesses because their policies were not ACA-compliant. Now all Obama can do is beg them to pretty please reinstate those policies for another three years. The insurance companies could just say no; the President cannot compel a private corporation to violate an Act of Congress.

No Act of Congress can restore those broken insurance contracts. You'd need either a Constitutional Amendment repealing the ACA retroactively, or irrefutable proof that Obama was born in Africa and thus unqualified to sign the ACA into law.

Fri, 02/07/2014 - 00:03 | 4410587 Drifter
Drifter's picture

Constitution doesn't matter anymore. Zero's constitutional violations number in the hundreds, maybe thousands.

It's pretty apparent we have an emperor now.  Ok, maybe "party secretary" or "supreme soviet" or "prime minister".   More or less the same thing.

 

 

Fri, 02/07/2014 - 03:49 | 4410876 DaveA
DaveA's picture

True, but all those violations involved someone breaking the law with at least tacit approval from Obama.  Insurance companies don't want to break the law, they want to obey it, and they can afford the lawyers to hold their ground in court.

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