Insurance Companies Protest Obamas Obamacare Fix; Whats At Stake
1. The companies hostility is important because the president is trying to prevent swing-state Democratic politicians from fleeing his Obamacare project amid rising anger from middle-class, politically influential swing voters.
If they flee, the GOP gets a chance to rollback the Democrats power grab by pushing some free-market rules back into the health-care sector.
2. Changing the rules after health plans have already met the requirements of the law could destabilize the market and result in higher premiums for consumers, said a skeptical statement from Americas Health Insurance Plans, the trade association for health-insurance companies.
3. This puts the insurance companies, who have successfully complied with the law, in a hell of a mess, said Robert Laszewksi, a health-insurance consultant who echoes the views of insurance executives.
The insurance companies hostility is calculated, risky and important.
4. Theres nothing in the law that gives the president the authority to make the companies provide pre-Obamacare, low-profit insurance services to healthy people. In fact, the presidents aides admit they dont have the power to make the executives do what hes asking them to do.
5. The progressives vs. executives fight is important because if Obama cant rally the companies around the crippled Obamacare program, theres a high risk that Democratic politicians will abandon the Obamacare program under pressure from angry voters.
Worse, theres a growing risk that the 2014 election will give the GOP a majority in the House and Senate. so wrecking Obamas second-term agenda and allowing the GOP to carefully dismantle Obamacare, which is the presidents primary first-term accomplishment
Read more: Insurance companies protest Obama's Obamacare fix | The Daily Caller
1. The companies hostility is important because the president is trying to prevent swing-state Democratic politicians from fleeing his Obamacare project amid rising anger from middle-class, politically influential swing voters.
If they flee, the GOP gets a chance to rollback the Democrats power grab by pushing some free-market rules back into the health-care sector.
2. Changing the rules after health plans have already met the requirements of the law could destabilize the market and result in higher premiums for consumers, said a skeptical statement from Americas Health Insurance Plans, the trade association for health-insurance companies.
3. This puts the insurance companies, who have successfully complied with the law, in a hell of a mess, said Robert Laszewksi, a health-insurance consultant who echoes the views of insurance executives.
The insurance companies hostility is calculated, risky and important.
4. Theres nothing in the law that gives the president the authority to make the companies provide pre-Obamacare, low-profit insurance services to healthy people. In fact, the presidents aides admit they dont have the power to make the executives do what hes asking them to do.
5. The progressives vs. executives fight is important because if Obama cant rally the companies around the crippled Obamacare program, theres a high risk that Democratic politicians will abandon the Obamacare program under pressure from angry voters.
Worse, theres a growing risk that the 2014 election will give the GOP a majority in the House and Senate. so wrecking Obamas second-term agenda and allowing the GOP to carefully dismantle Obamacare, which is the presidents primary first-term accomplishment
Read more: Insurance companies protest Obama's Obamacare fix | The Daily Caller