A month or so ago my youngest daughter called, her insurance company had cancelled her because of Obamacare. She has some major health issues and getting cancelled was very scarey. What if she couldn’t get another policy? Was the coverage the same? How expensive would it be? Should she just pay the penalty? All good questions, but I had no answers. She had spent hours trying to get into healthcare.gov, to no avail. What now?
She ultimately decided to go ahead and sign up for the new policy at higher premiums just to be sure she had coverage, but she was not happy about the hit to her budget.
The President is now so concerned about his credibility that he’s willing to “allow” insurance companies to sell the old policies, but he has no authority to alter the terms of the law, only Congress can do that. But just what the emporer wants, nothing more and nothing less. He knows the right answer, even if he never asked the right questions.
This week’s Bloomberg Business article on page 37 tells the truth, the part President Obama doesn’t want to tell – Cancelling policies was built into Obamacare – or the insurance companies weren’t interested in playing.
As the article states, “In Obamacare’s central bargain, insurance companies agreed to stop turning people away or charging them more for costly health conditions in exchange for everyone buying a minimum level of coverage.” Plain and simple, more Robinhood. We’ll take from the rich and take care of the poor. That only works in fables. Once Americans realized they were going to pay for coverage they didn’t need, want and couldn’t afford the President’s credibility dropped like a rock. And since that’s more important than what happens to average, hard-working Americans, he’s trying to get it fixed.
Frankly, I don’t see Congress playing along. Because the President is just playing more politics instead of concentrating on policies. It saddens me to watch Pres. Obama continually downgrade the creditbility of our country. His lack of ability to create and enforce policy and procedures and hold people accountable is pitiful and a disgrace to all those who came before us to work hard to establish the credibility of our Country.
All these outcomes from his failed leadership will come back to haunt our Children and Grandchildren. His election was a popularity contest, not a discussion about his ability to lead and that’s what voters got – not policy, not procedures, not accountability. So now that the country wants to hold him accountable he hasn’t a clue what to do. How about admitting that all the President had to do in 2009 was tell the truth. As Bloomberg’s article ended – “The Bottom Line – Months ago the administration hinted that some health plans would be canceled but played it down.”
As for the end result – will it be better as they claim? We won’t know that for many years. But be prepared to pay more for health care, have more restrictions on what kind of care the insurance companies will pay for and how often you can have your drugs. That’s all going to be determined by Obamacare.