He’s just making this shit up as he goes along:
The Obama administration on Thursday night significantly relaxed the rules of the federal health-care law for millions of consumers whose individual insurance policies have been canceled, saying they can buy bare-bones plans or entirely avoid a requirement that most Americans have health coverage.
The surprise announcement, days before the Dec. 23 deadline for people to choose plans that will begin Jan. 1, triggered an immediate backlash from the health insurance industry and raised fairness questions about a law intended to promote affordable and comprehensive coverage on a widespread basis.
The ability to get an exemption means that the administration is freeing these people from one of the central features of the law: a requirement that most Americans have health insurance as of Jan. 1 or risk a fine. The exemption gives them the choice of having no insurance or of buying skimpy “catastrophic” coverage.
Until now, the law allowed people younger than 30 to buy catastrophic coverage — and exception to the law’s benefit rules in an effort to attract young adults who have been particularly prone to avoiding coverage in the past. The law also has allowed hardship exemptions for people 30 and older who could not afford the regular coverage.
It is unclear how many people facing canceled policies will choose no insurance, bare-bones coverage or a plan through the insurance exchanges that meet new federal standards. But the prospect that healthy people with canceled insurance might opt out of the new health plans set off immediate alarm among insurance industry leaders, who already have been worried whether enough people who are inexpensive to cover will sign up.
“This latest rule change could cause significant instability in the marketplace and lead to further confusion and disruption for consumers,” said Karen Ignagni, president of America’s Health Insurance Plans, the industry’s main trade group.
Another health insurance official, who spoke on the condition of anonymity because he lacked authorization to discuss the matter publicly, pointed out that the hardship exemption also gives one group the ability to buy coverage whenever they want, rather than during annual open-enrollment periods. As a result, he said, more people might not buy insurance unless they get sick.
When Obama makes a joke it’s a law, but when he makes a law it’s a joke. Unfortunately it’s gonna stop being funny real soon. It’s all fun and games until someone gets hurt and the pain is about to begin.
Obamacare hasn’t killed anybody . . . yet. That will change on January 1st. That’s when all the healthcare insurance cancellations we’ve been hearing about will take effect. Millions of people who had insurance will lose it because of Obamacare.
Sure, five or six million people is just a small fraction of the people in this country, but it’s still five or six million people. The lucky ones will just get a good scare because it will turn out they didn’t actually need healthcare insurance before this mess is fixed. They might even save a few bucks on premiums.
Then there is a group of people who will only get screwed a little bit. They will find new coverage but at a higher net cost (after calculating premiums and deductibles) but they will manage.
But some people are gonna get screwed royally. Obamacare will take away the insurance they had and liked and wanted to keep, and as a result they will get financially wiped out because they were unable to find new, affordable coverage before an expensive medical emergency strikes. They will go bankrupt.
Even worse, some people will die. Hopefully not many, but Obamacare is literally going to kill people.
That is no joke.
Meanwhile, President Selfie is taking off for a $4 million vacation in Hawaii until after New Years. The News media will be too distracted by the whole Santa Claus/Pajama Boy/Duck Dynasty squirrel festival currently taking place to report this story.
Don’t worry though – this is small potatoes (unless you are one of the five or six million who are losing your insurance.) We’re just talking about two or three percent of the country. Wait until the employer mandate takes effect – then you’ll be talking about eighty to a hundred million people getting fucked over.
Obama postponed that until after the next election.