ObamaCare chickens coming home to roost:
Part of the health care overhaul due to kick in this September could strip more than 1 million people of their insurance coverage, violating a key goal of President Barack Obama’s reforms.
Under the provision, insurance companies will no longer be able to apply broad annual caps on the amount of money they pay out on health policies. Employer groups say the ban could essentially wipe out a niche insurance market that many part-time workers and retail and restaurant employees have come to rely on.
This market’s limited-benefit plans, also called mini-med plans, are priced low because they can, among other things, restrict the number of covered doctor visits or impose a maximum on insurance payouts in a year. The plans are commonly offered by retail or restaurant companies to low-wage workers who cannot afford more expensive, comprehensive coverage.
Depending on how strictly the administration implements the provision, the ban could in effect outlaw the plans or make them so restrictive that insurance companies would raise rates to the point they become unaffordable.
Of course this is part of the Democrats scheme….kick these people off the affordable plans so then they are forced to join the employer funded insurance plan (if they have one…which is unlikely since the penalty will cost less then actually carrying the insurance) or the more likely choice, the state-run exchanges (welfare).
Only problem….those exchanges don’t start until 2014 so until then, no more insurance.
“First of all, if you’ve got health insurance, you like your doctors, you like your plan, you can keep your doctor, you can keep your plan. Nobody is talking about taking that away from you.”
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This is just the beginning.
One carrier is closing its doors
It won’t be the last. The intent of Obamacare is to destroy the private insurance industry.
Something to make you feel a little better- two words that sound sweet together:
Pelosi heckled
This is what happens when the people we elect to speak on our behalf completely ignore their duty to the people who elected them, instead voting on laws that run to more than 1000 pages that not a single sole casting a vote for has even read.
As far as the insurance industry goes, it might not make a difference, since medical professionals are leaving the field in droves because of the new regulations and the drastic decrease in pay that will result.
Pelosi was heckled by her own libs –
No tea party people – weren’t allowed into her townhall meeting……………………
too little, too late for the progs…………………..
The hack is out trying to sell his healthcare plan again – still- whatever – especially to seniors – scare tactics again and bribery – gonna send us a 250 check – well, I’ll be damm – where did the money come from? I’m sending mine back – will just be a drop in the bucket but it’s the principle of the thing………………….
People are against the obamacare at the same percentage today as they were 2 months ago – get a clue fraud – we don’t want it……………….
I swear, his handlers gotta reprogram that chip in his head – the economy is tanking and he’s still trying to sell the healthcare plan – didn’t he sign it? Of course, after the elections in November the thing will be repealed…………………….
250? That barely even covers the pills that helps maintain my Father’s Type II diabetes per month let alone my Mother’s prescriptions. The more the Government, “sticks it to the horrible medical industry” the higher the price my parent’s life saving meds are raised and it sickens me Phizer is one of the soul providers of prescription drugs under the Obamacare plans as they do not make the various drugs prescribed to my parents currently in generic form (aka even higher cost to my family.) Thank you, Obama, for such a great plan to bankrupt people who were no threat to you.
As I posted on a different thread:
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