Moody’s Downgrades Outlook for Insurance Industry from Stable to Negative, Thanks to ObamaCare … Changes Have Unsettled the Marketplace: Warns of ‘Unstable and Evolving Regulatory Environment’
Barack Obama ultimate plan … destroying the current insurance industry and creating a government run single payer system …
Thanks to Barack Obama, Democrats and Obamacare, the United States health insurers have been damaged causing Moody’s credit rating agency to downgrade the industry from stable to “NEGATIVE”. But wasn’t Obamacare supposed to be so much better than what the insurance industry was offering? Wasn’t Obamacare supposed to sign up the so-called 50 million uninsured Americans? But was that really what Obamacare was supposed to do? How could a plan be so botched, so poorly implemented and so poorly thought out, without it being intentional? Moody’s said, that the “Notably, new regulations and presidential announcements over the last several months with respect to the ACA have imposed operational changes well after product and pricing decisions had been finalized” have unsettled the insurance marketplace.
Isn’t this amazing, the community agitator, elected president is causing chaos, what a shocker.
Obamacare creating an unstable insurance environment … Intentional or Unintentional, you make the call
“I happen to be a proponent of single payer, universal health care plan.”
“That’s what I would like to see. But as you know we may not get there immediately.”
Barack Obama
But excitement over the numbers was dampened by Moody’s, which downgraded its outlook for U.S. health care insurers from “stable” to “negative,” citing uncertainty stemming from Obamacare.
The White House has changed the playing field on the fly in recent weeks to ameliorate the consequences of the law, after an estimated 4 million to 5 million Americans lost existing plans that did not comply with Obamacare standards. The move came on top of other last-minute changes, such as a decision in July to delay the so-called employer mandate from 2014 to 2015, or after the midterm elections.
Moody’s said those changes have unsettled the marketplace.
“While all of these issues had been on our radar screen as we approached 2014, a new development and a key factor for the change in outlook is the unstable and evolving regulatory environment under which the sector is operating,” Moody’s said. “Notably, new regulations and presidential announcements over the last several months with respect to the [Affordable Care Act] have imposed operational changes well after product and pricing decisions had been finalized.”
As PJ Media says, Lawlessness has consequences.
Posted January 24, 2014 by Scared Monkeys Barack Obama, Chicago-Style Politics, Community Agitator, Democrats, Epic Fail, Government Dependent Class, Healthcare.gov, Liberals, Obamacare, Obamanation, Obamascare, Politics, Progressives, The Lying King, WTF, You Tube - VIDEO | 3 comments |
Barack Obama Weekly Address: The Imperial Sith Lord Obama Says, “Where Congress Isn’t Acting, I’ll Act on My Own”
Barack Obama’s Weekly Address, BLAH, BLAH, BLAH, LIE, LIE, LIE …
As if President Barack Obama has not done enough damage to the economy and the country, Obama is now doubling down and going try and finish the job of destroying America. Obama claims that 2014 is going to be a year of action and during his Weekly Address that he will move forward and act alone without Congress on certain issues if he can’t gain the legislative body’s cooperation. His exact words were, “I want to work with Congress on proven ways to create jobs.” Work with Congress, since when? Proven ways, like what … increasing the minimum wage, Obamacare, extending unemployment, amnesty for illegals and raising taxes? All are proven ways to reduce jobs and create a further government dependent class. This rhetoric is coming off his earlier comments this week, that he has a pen. This is not leadership, it’s authoritarianism and Unconstitutional.
This lying clown has been promising jobs for 5+ years and all his policies have provided us is extended long term unemployment, record number of Americans on food stamps and record low job participation rates.
So the Sith Lord says he is going to act alone and act without Congress. Take a good look at what Obama considers his signature piece of legislation. Obamacare was passed with no GOP support and he had to beg and make sweetheart deals like the Corn Husker kickback and the Louisiana Purchase to bribe Democrats into supporting it for passage. Just curious, how is Obamacare working out for America? Do you honestly want this man f’ing up immigration and the rest of the economy?
However, it is not the GOP that Obama needs to worry about in 2014, it is his own Democrat party. With Barack Obama’s job approval ratings barely in the 40′s and with Obamacare a continuing nightmare for Americans, Obama is not a wounded lame duck president, he is a toxic one. What Democrat is going to want to sign on to any unpopular Obama idea and if Obama plays the “executive order” card to bypass Congress, he will further destroy the Democrats in the 2014 midterms.
Now Fear of Privacy Issues Here, Eh? One in Seven New Mexico Obamacare Navigators is Listed in FBI’s Crime Database … 38 Obamacare Navigators on FBI Database
And just one more reason to get a warm fuzzy about Obamacare …
According to the New Mexico Watchdog, one in seven Obamacare navigators in New Mexico is listed in the FBI’s crime information database. As reported at NRO, a hit in the NCIC does not necessarily reflect a criminal conviction. The database can include, for example, arrest records and criminal cases that were dismissed or led to an acquittal. So the Obama government is forcing individuals to buy insurance and then inflicting potential criminals upon the populous, who are sharing their personal information with. UNREAL. If Obamacare was a private business run by a GOP donor, Barack Obama would have sicked Eric Holder and the DOJ after it. Not only do you have to worry about an unprotected, extremely hackable web site, you also have to worry about the actual individuals helping you through the process. Doesn’t this sum up the Obama presidency in a nut shell?
An investigation by the National Review, one of the leading conservative media outlets in the country, reports that one in seven navigators in New Mexico hired to help consumers work their way through the Affordable Care Act appeared on the FBI’s National Crime Information Center database.
But an official with the state’s Affordable Care Act Implementation Projects emphasizes that while a person’s name may turn up on the FBI database, it does not mean they pose any risk to consumers and says the navigators have been properly vetted.
According to the story, 38 New Mexico health-care guides or certified application counselors received their certification to deal with consumers working their way through what’s colloquially called “Obamacare,” even though their names matched the FBI database. The National Review’s inspection could not determine how many of the 38 navigators had actually been convicted of a crime.
Posted January 17, 2014 by Scared Monkeys Barack Obama, Chicago-Style Politics, Crime, Epic Fail, Healthcare.gov, Misleader, Obamacare, Obamanation, The Lying King, Transparency, WTF | 4 comments |
Obama Administration Changing the Obamacare Rules Again … Extending the ObamaCare Enrollment Deadline for People with Pre-Existing Conditions
I thought President Barack Obama and Democrats said that Obamacare was settled law?
The Hill is reporting that the Obama administration is once again changing the rules of Obamacare and extending the deadline of Obamacare enrollment for individuals with pre-existing conditions. The deadline was supposed to end on January 31; however, it has now arbitrarily been extended to March 15. Making matters worse, the original dead line was supposed to be December 31. Hmm, did Congress pass some form of amendment to Obamacare allowing such a change? I thought Democrats said this was settled law? It is hardly anything but as provisions within the law have been continually changed from what was initially passed in a partisan Democrat vote. Hmm, didn’t HHS Sec. Sebelius say that there would be no more delays?
The Obama administration announced Tuesday that it was again extending the ObamaCare enrollment deadline for people with pre-existing conditions.
The administration said it will extend the Pre-Existing Conditions Insurance Plan (PCIP), slated to end January 31, until March 15.
“As part of our continuing effort to help smooth consumers’ transition into Marketplace coverage, we are allowing those covered by PCIP additional time to shop for new coverage while they receive the ongoing care and treatment they need,” Health and Human Services spokeswoman Joanne Peters said in a statement.
The deadline was originally at the end of December, but last month the administration pushed it back through January because of the problem-plagued HealthCare.gov website.
The new extension is just the latest in a string of unilateral delays the administration has implemented to buy time after the disastrous rollout of HealthCare.gov.
The Obama administration has so far delayed the premium payments deadline, delayed by one week the sign-up date for coverage beginning Jan. 1, pushed back by six weeks the sign-up date for those seeking coverage by April 1, and delayed the second-year enrollment period until after the 2014 elections.
And as we are witness to the current disaster and debacle of Obamacare, The NY Post is reporting of a soon to be another 25 million more Obamacare victims.
So a conservative estimate is that 25 million people, out of the 60 million in small group plans, get dropped in 2014. Add that to the 5 million or so whose individual-market already canceled on Jan. 1, and you have a lot of losers.
Indeed, it looks like ObamaCare will create twice as many losers as winners in 2014. The Congressional Budget Office projects that 16 million will gain coverage via the law’s Medicaid expansion (9 million) and subsidized exchange plans (7 million) — and even that’s rosier than the enrollment figures we’ve seen so far.
Posted January 15, 2014 by Scared Monkeys Barack Obama, Democrats, Employer Mandate, Epic Fail, Healthcare, Healthcare Canceled, Healthcare.gov, HHS, Insurance Canceled, Kathleen Sebelius, Misleader, Misrepresentation, Obamacare, Obamanation, The Lying King, Transparency, You Can Keep Your Insurance | 4 comments |
Majority of Uninsured Americans Still Lack Knowledge about Obamacare … How is This Possible from the Most Talked About Law Ever?
Clueless in American … Most uninsured Americans lack knowledge about Obamacare.
A recent survey from Enroll America has delivered an almost unbelievable response regarding Obamacare and the lack of knowledge that the uninsured have of the law. According to the survey, 69% of the uninsured still lacked knowledge about tax subsidies and other financial help designed to make Obamacare. How is this possible? Obamacare has been the most talked about, the most marketed government law in history. It is simply uncompromisable to believe that individuals are still claiming to be uninformed regarding Obamacare. It speaks more to the point that maybe they are incapable of understanding it. I guess this is what happens when the uninsured’s find out that Obamacare was not free. Some how I think many will only understand it if some one does it for them.
Most uninsured adult Americans lack basic knowledge about President Barack Obama’s signature healthcare law and haven’t visited their online insurance marketplace because they think health insurance is unaffordable, according to a survey released on Thursday.
The survey from Enroll America, a non-profit healthcare enrollment coalition, found that 68 percent of uninsured adults had not yet logged onto their online exchanges.
A similar number, 69 percent of the uninsured, still lacked knowledge about tax subsidies and other financial help designed to make the Affordable Care Act, better known as Obamacare, affordable for many, the survey said.
“Large proportions of the uninsured are also still in the dark about deadlines and that brand new plans are available,” Enroll America said in a report about the survey.
“A lack of facts about costs and coverage may be the greatest barriers to enrollment,” it added.
More from Hot Air … Allah Pundit went on to say that “the idea that anyone could be beyond the grasp of a massive presidential education campaign about a splashy new program in the information age is mind-boggling to blog writers and readers, yet here we are.” I could not agree more.
Tax-refund time this year is going to be awfully interesting. Meanwhile, 43 percent of Latinos surveyed said they weren’t aware of Healthcare.gov, which is also partly the White House’s fault and also mind-boggling after three months of relentless media coverage of the site’s problems. The Enroll America topline numbers aren’t wildly different from Gallup’s latest numbers, either. Just a week ago, Gallup reported that only 26 percent of the uninsured had visited an exchange website so far.
Posted January 10, 2014 by Scared Monkeys Barack Obama, Epic Fail, Government, Healthcare, Healthcare.gov, Misleader, Obamacare, WTF | 2 comments |