The so-called insurance cartel helped write the bill. Being the case, why would they want it to go away, especially when it forces people to buy pricier policies?Yep, I did post that the insurance cartel might have conspired to cancel policies rather than have their policies comply with the law, because they hate the law and want it to go away. Since it is reported that most of these "crap" polices are in effect for less than a year, having them cancelled simply means the owners of such a policy needs to go shopping sooner than they might like.
Is making sense anywhere on your list of criteria before you hit the submit button?
The so-called insurance cartel did in fact help write the bill. That is why we have a camel and not a horse. But are they happy with the camel, hell no. The PPACA cuts into their profits and no insurance company likes to pay a nickel more than they absolutely must.
You're knew here, so let me tell you how I respond to morons who feel the need to add a personal attack along with their opinion. Next time my non response will be this:
THANKS FOR SHARING
Look below for its meaning.
Stocks of health insurers have been soaring. I guess that's because investors figure their profits will be cut by ACA and all investors flock to companies with prospects for lower profits, right?
You still didnt address the issue of why they would cancel policies which are profitable to them, or why they are doing it now vs. years ago.
This is because your thought process doesn't go much beyond stimulus-response.