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December 27, 2013

"Nice little insurance company you got there. Be a shame if anything happened to it."

Obamacare Escapes the Chains of Law No more rules!
Now insurance companies are being “encouraged” and “strongly encouraged” to extend deadlines, accept late payments, pay for some out-of-network doctors and out of plan prescriptions. Many of these things violate the formal terms of the deal the government had made with insurers and will cost the latter money. “They’re asking insurers to pay for the mistakes” the administration made in the launch of the program, complains Avik Roy. The key word is “asking.” But, as Roy notes, there’s a club HHS is holding behind its back–the threat that if insurers don’t play along HHS will be “considering” that factor in the “renewal process.”

Posted by gerardvanderleun at December 27, 2013 6:42 AM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

I was forced to go through the exchanges after losing my insurance. The new insurance company I selected still has not received my information.

Posted by: Potsie at December 27, 2013 7:26 AM

Vader (Obama) to Lando (insurance companies)"I am altering the deal... pray I don't alter it further."

Posted by: goy at December 27, 2013 7:30 AM

And don't overlook that an administration official has spoken openly of their desire to nationalize private retirement accounts.

"Nice retirement account ya got there . . ."

Posted by: Donald Sensing at December 27, 2013 8:50 AM

Good work if you can get it;

Selling fire insurance to an insurance company.

Posted by: Rocky at December 27, 2013 10:17 AM

They strike a deal with the devil then are stunned when the devil renegs?

You know who'll end up with the short end in all of this don't you?

Euthanasia through attrition.

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