The Obamacare Time BombSubmitted by Allegory on Tue, 11/19/2013 - 10:56
By Marc A. Thiessen | Washington Post
There is an Obamacare time bomb set to go off just before the 2014 midterm elections — and President Obama’s purported “fix” for the millions of Americans losing their health insurance doesn’t defuse it. If anything, it could make the blast worse.
In truth, Democrats are damned if Obama’s fix works and damned if it doesn’t.
For three years, at Obama’s direction, insurers and state regulators have been planning to cancel millions of individual market plans and move those people into the Obamacare exchanges at the end of this year. That process cannot be easily reversed six weeks before the transfer was to take place. Insurers did not negotiate prices with doctors and hospitals, or put plans through the state regulatory process. There is no magic wand the president can wave to suddenly reinstate canceled plans.