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White House Set To Extend Obamacare Deadline By 1 Year

Tyler Durden's picture




 

With the world distracted by Putin and ICBM launches, The White House, according to the WSJ, is about to extend Obamacare deadlines by another year:

  • *U.S. MAY GRANT 1-YR EXTENSION ON HEALTH LAW REQUIREMENTS: WSJ
  • *WSJ CITES INDUSTRY OFFICIAL ON INSURANCE COS., HEALTH CARE LAW

Allowing insurers to keep selling policies that do not meet standards for another year. It seems, if you like your healthcare policy, you can keep it for one more year... (most importantly past the Midterms)

 

Via WSJ,

The Obama administration plans to allow insurers to continue selling policies that don't meet the federal health law's requirements for at least another year, an insurance industry official confirmed Tuesday.

 

...

 

The move would push a potential political furor over canceled insurance plans past this year's midterm elections. It would extend a policy reversal announced by President Barack Obama in November, in which he said insurance commissioners could let health plans reinstate for one year policies they had canceled because they didn't meet the Affordable Care Act's new standards.

The abrupt shift came after millions of Americans received cancellation notices from their carriers but were unable to use the HealthCare.gov website to apply for new coverage. That created a firestorm because Mr. Obama frequently promised during the passage of the health law that "if you like your plan, you can keep it."

 

...

 

Kansas Insurance Commissioner Sandy Praeger, an elected Republican who has been supportive of some parts of the federal health law, ... said Tuesday commissioners remained worried that allowing people who are typically healthier to keep skimpy policies would leave a riskier population in the main insurance market, which in turn would drive up rates.

Read more here

 

Source: Cagle

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Tue, 03/04/2014 - 17:28 | 4509048 centerline
centerline's picture

Is this hope or change or both?  I can't tell anymore.

Tue, 03/04/2014 - 17:33 | 4509091 Pladizow
Pladizow's picture

I guess kicking the can down the road applies to more than just budgets, defecits and debt ceilings?

Tue, 03/04/2014 - 17:42 | 4509135 Joe Davola
Joe Davola's picture

Maybe the fuckers who voted for this and are worried they'll get the boot should have thought about it before passing it to find out there was a time bomb inside.

Tue, 03/04/2014 - 17:53 | 4509192 john39
john39's picture

so what about the individual mandate?

Tue, 03/04/2014 - 17:54 | 4509202 LawsofPhysics
LawsofPhysics's picture

Please, individuals don't have a lobby.  They are much easier to steal from.

Tue, 03/04/2014 - 18:04 | 4509248 johnQpublic
johnQpublic's picture

if you like your plan, you can keep your plan

until it is too late to do anything about it

Tue, 03/04/2014 - 18:05 | 4509256 insanelysane
insanelysane's picture

Hey repubs it's the law so get over it already!  Oh, wait a minute, errr..........

Tue, 03/04/2014 - 18:23 | 4509325 Abi Normal
Abi Normal's picture

Obozo, If you like your ears, you can keep them!! 

 

 

Please don't bury me, down in that cold, cold ground

I'd rather have 'em chop me up and pass me all around

Throw my brain in a hurricane, the blind can have my eyes,

Let the deaf can have both my ears, if they don't mind the size...

guess whooo!! why John Prine that's who...

Tue, 03/04/2014 - 17:56 | 4509207 Husk-Erzulie
Husk-Erzulie's picture

Soooo... It's over then.  Good.

Tue, 03/04/2014 - 17:57 | 4509210 James-Morrison
James-Morrison's picture

If you like your status quo...

(you know the rest, unfortunately)

Tue, 03/04/2014 - 18:49 | 4509446 max2205
max2205's picture

He is breaking his own law....turn yourself in Barry!

Tue, 03/04/2014 - 19:13 | 4509525 Abi Normal
Abi Normal's picture

hey now, for only like the 14th time...King Obongo, can do anything he wants...hoho, more bread and circuses please!

Tue, 03/04/2014 - 18:08 | 4509270 TeamDepends
TeamDepends's picture

This regime could say mandate yesterday, but not today.

Wed, 03/05/2014 - 00:00 | 4510464 Tim_
Tim_'s picture

The only part of the Patient Protection and Affordable Care Act that has actually been implemented is the tax on the peasants.

America doesn't have a two-party system. Its politics consist of the obverse and reverse of the same shekel.

Tue, 03/04/2014 - 17:55 | 4509206 wintermute
wintermute's picture

 

"The Obama administration plans to allow insurers to continue selling policies that don't meet the federal health law's requirements for at least another year,"

So. In the new normal: what is illegal becomes legal by executive order.

Jeez.

Tue, 03/04/2014 - 20:00 | 4509729 Freddie
Freddie's picture

Such BS and so evil.  Kill all of it or enact and take the blowback that is coming.

Tue, 03/04/2014 - 17:35 | 4509092 DoChenRollingBearing
DoChenRollingBearing's picture

It is one more year we can get healthcare done in the USA, although we will still get non-critical work done in Peru.

EDIT:

I wonder which D-Teamers asked him for the delay...?

Electionz have consequencez, fishez!

Tue, 03/04/2014 - 18:25 | 4509350 Abi Normal
Abi Normal's picture

Primaries and Elections can be bitchez, bitches!

Tue, 03/04/2014 - 22:50 | 4510273 Lost Word
Lost Word's picture

Delayed until after 2014 elections.

But then comes 2016.

Surely the Dems wish to win in 2016 also.

More delays in Obamacare?

Tue, 03/04/2014 - 17:40 | 4509123 NYPoke
NYPoke's picture

Hope, as the Insurance Companies stopped selling the policies a long time ago.  

 

As far as I know, none have reinstituted them.  I'm sure at least a couple have.  I just haven't heard about it.

 

They helped craft the law, to get rid of these policies.  They aren't coming back.

Tue, 03/04/2014 - 19:29 | 4509572 Urban Redneck
Urban Redneck's picture

The goal was to cancel all the policies of the expensive sickos and force them into Obamacare to where the State provides re-insurance to guarantee a profit to the Corporations. Next up, company plans that employ a percentage of sickos & fatties.

Welcome to 21st century Eugenics - the Hope & Change edition.

Tue, 03/04/2014 - 22:42 | 4510256 SDShack
SDShack's picture

Exactly correct. No matter what 0zer0 and the dumbcrats do, their wipeout this November is going to be epic. No change or delay is going to undo this simple fact... the risk pools have ALREADY been obliterated by 0zer0care. This means the insurance companies are going to see profit wipeout as a result of 0zer0care, and this is why they wrote the law with a bailout clause for the insurance companies. I am 100% sure, 0zer0 will honor that clause. Failure to do so means the insurance companies will sue, (they have standing), and they will win. 0zer0 can't take the chance of the law being sued by the insurance companies. There is too much risk in the law being invalidated one piece at a time in the courts until it is effecitvely dead. A bailout of the inurance companies MANDATED by 0zer0care will just be the straw that probably breaks the camel's back. But that's not the real threat.. The real threat is the rate hikes coming for EVERYONE because the risk pools have been obliterated.

In about a month, the insurance companies will know who has signed up for 0zer0care AND PAID for 2014. The shortfalls will be epic, and so the insurance companies will propose Premium Hikes for EVERYONE to make up the difference. This will include the EMPLOYER plans. Those rate hikes will be determined this summer and communicated to Employers so they can do their annual budgets this fall. That's when the Employers will decide to either pass along double digit increases, or DROP EMPLOYER PROVIDED PLANS. And there is NOTHING 0zer0 can do to stop this. No delay, no fix, not even delaying the employer mandate is going to stop the Premium Increases that are already baked in and will happen as a result of the risk pools being obliterated right now! This is all going to become known to every American in September to meet the 90 day WARN notification for changes to HC plans beginning 2015. 0zer0 and the dumbcrats have no clue the shitstorm that is going to hit them this fall. It will be 10x worse than the 5 million shitstorm of people that lost their INDIVIDUAL plans last fall.

Tue, 03/04/2014 - 22:53 | 4510284 Lost Word
Lost Word's picture

Obama already waived the deadline rules for last year.

He could do it again.

Tue, 03/04/2014 - 17:28 | 4509049 VD
VD's picture

anyone surprised by this¿¿¿

Tue, 03/04/2014 - 17:39 | 4509119 DoChenRollingBearing
DoChenRollingBearing's picture

Tue, 03/04/2014 - 17:37 | 4509108 SilverIsKing
SilverIsKing's picture

ou

Tue, 03/04/2014 - 17:29 | 4509053 AreaMan
AreaMan's picture

Hey! He cant do that!

Tue, 03/04/2014 - 18:48 | 4509441 JohnG
JohnG's picture

Dictators do whatever the fuck they want to.

Tue, 03/04/2014 - 20:02 | 4509734 Miffed Microbio...
Miffed Microbiologist's picture

Until they are deposed which, historically, has been always. Of course, things often get very very bad before they are relieved of their scheming, psychopathic heads.

Oh please sheeple, try to wake up before we get to this point! Those who do not learn from history are condemned to repeat it.

Miffed;-)

Tue, 03/04/2014 - 17:29 | 4509054 Kirk2NCC1701
Kirk2NCC1701's picture

IOW, till after the 2014 mid-term Elections.

Tue, 03/04/2014 - 17:41 | 4509129 DoChenRollingBearing
DoChenRollingBearing's picture

Yeah, I know.  The cynicism and hypocrisy of this bunch knows no bounds.

Tue, 03/04/2014 - 17:29 | 4509056 Gringo Viejo
Gringo Viejo's picture

These cocksuckers are FUBAR.

Tue, 03/04/2014 - 17:29 | 4509059 Ms. Erable
Ms. Erable's picture

Bathhouse Barry to congressional Dems:

If you like your seat, you can keep your seat.*

*But you better lie your ass off, just in case.

Tue, 03/04/2014 - 17:29 | 4509065 overexposed
overexposed's picture

They'll break every law possible just to ensure the Demonrats don't lose Congress in the midterms.

To quote Rush Limbaugh, I hope he fails.

Tue, 03/04/2014 - 18:00 | 4509224 Husk-Erzulie
Husk-Erzulie's picture

Typical Bath-house, too little too late.  Midterms are already toast, Dems lost the Senate.  This douche started with majorities in both houses and an open ended mandate from a hypnotized populace.  EPIC.

Tue, 03/04/2014 - 17:30 | 4509068 wcvarones
wcvarones's picture

Except a lot of the policies were never re-instated by the insurers when Obama tried to un-cancel them the first time.

Tue, 03/04/2014 - 17:31 | 4509074 Rainman
Rainman's picture

This stunt will surely save the terrified limo libs up for re-election in November < not !! >

Tue, 03/04/2014 - 17:31 | 4509076 Missiondweller
Missiondweller's picture

Was that a red line that just got moved?

Tue, 03/04/2014 - 17:32 | 4509081 order66
order66's picture

Thing is...policies that don't meet the requirements of The Unaffordable Care Act (ie: ones that don't double or triple your rates) don't exist anymore.

 

Tue, 03/04/2014 - 17:32 | 4509082 LetsGetPhysical
LetsGetPhysical's picture

Third world despots everywhere are blushing.

Tue, 03/04/2014 - 17:32 | 4509083 F.A. Hayek
F.A. Hayek's picture

The fact that the law is so actively disliked does not change the fact that Obama's arbitrary orders to disobey the law without proper amendments and authorization are illegal.

Tue, 03/04/2014 - 17:52 | 4509187 john39
john39's picture

illegal? that term is only applied to whatever the serfs do.

Tue, 03/04/2014 - 19:25 | 4509559 Meat Hammer
Meat Hammer's picture

Laws.   Cute.

Tue, 03/04/2014 - 17:33 | 4509086 ebworthen
ebworthen's picture

This is so the insurance companies can raise premiums and milk people who think that "their own" policy will be different than the ACA policy they will have to buy a year later.

This also delays by a year .gov figuring out that I and millions of others are NOT BUYING THAT SHIT.

Tue, 03/04/2014 - 18:02 | 4509237 Overfed
Overfed's picture

All that seems to be available in my neck of FEMA region X are ACA-approved plans. Fuck O'bomb-a and fuck every POS who voted for this shit. Cocksuckers.

Tue, 03/04/2014 - 17:33 | 4509087 Chuck Knoblauch
Chuck Knoblauch's picture

Someone showed the Queen the UNEMPLOYMENT RATE forecast for 2014! Fucking idiot!

Tue, 03/04/2014 - 17:34 | 4509088 ChargingHandle
ChargingHandle's picture

Has a president even been able to change laws from speaking in front of a teleprompter? I thought we had this lil thingy called the constitution that lays out laws for a separation of powers as to make certain no one person has too much power?

Tue, 03/04/2014 - 17:36 | 4509107 F.A. Hayek
F.A. Hayek's picture

You must be a racist.

Tue, 03/04/2014 - 18:03 | 4509245 Husk-Erzulie
Husk-Erzulie's picture

Unquestionably a racist.  We'll be checking up on you sir. 

Tue, 03/04/2014 - 18:02 | 4509228 Chupacabra-322
Chupacabra-322's picture

@ ChargingHandle,

You have a Criminal UNITED STATES, CORP. INC. version of the CONSTITUTION. Get ready for your head to explode.

They're all involved in an elaborate scheme based on contrat law & Criminal deceit to Defraud The American People by CONSENT (Black Law's Dictionary) & being an accessory to the deceit & Criminal Fraud by contracting with the Criminal State.

We are "Governed" into a Political, Educational, Religious & Economic UNITED STATES, CORP based on contract law which is based on Criminal Fraud, deceit & illusion.

The Private Corp UNITED STATES, CORP uses the cover of being a functional Government when in reality they are not. Much like the Criminal Federal Reserve uses The "Federal" in their name & use it as cover to give the illusion that they are a branch of the US Government when they are not.

Through bankruptcies, Criminal Contract Fraud & deceit the Charlatans have incrementally incorporated the US as well as your souls (birth cert) which are securitized via the Criminal Federal Reserve through to the IMF.

They're functioning off corporate version of the THE CONSTITUTION. It's the reason why The Global Criminal Oligarch Cabal Bankster Intelligence Crime Syndicate continues to lie, cheat, deceit, rape & pillage with impunity.

The only power the have over you is with CONSENT (Black Law's Dictionary). Pay no Taxes. Peaceful Non-Participation, Non-Compliance & being an accessory into their Criminal system/s based on Criminal Fraud, Debt Bondage & Enslavement.

Look. It's there parchment! There's 2 Constitutions, one from 1776, one from the Act of 1871. One says for the united states. The other says OF THE UNITED STATES OF AMERICA, INC.

They removed the organic language from the 13th Amendment of 1776 which Gaurenteed our individual rights and replaced the whole amendment in the forgery look alike.

Please tell me your aware of this? Search Trading with the Enemy Act also. That proves we lost the Constitution a long time ago, we practice commerce, that's it.

Do NOT follow this link or you will be banned from the site!