Humpty Dumpty sat on a wall,
Humpty Dumpty had a great fall.
All the king’s horses and all the king’s men
Couldn’t put Humpty together again
Barack Obama just announced a “fix” for the private individual health insurance market broken by Obamacare.
After an estimated 5 million and growing policies were cancelled due to Obamacare, Obama said “never mind” and told insurance companies to just keep selling the cancelled policies.
“Insurers can extend plans” into 2014. (Transcipt here.)
This does nothing to fix the problem, which is a war on plans people like but the Obama administration dislikes.
Democrats — alone and over vigorous objections from Republicans — broke the individual health care insurance market. It can’t just be put back together again under Obamacare.
Insurance source: WH fix places "onus on us even tho they know we can't" effectively extend cancelled policies given rates/logistics probs
— John Harwood (@JohnJHarwood) November 14, 2013
Not only that, but Obamas is doing this unilaterally as an administrative matter, without changing the law. So much for Democrats objections to prior proposals from Republicans that Obamacare was “settled law.”
Real takeaway from today's executive power grab…as a matter of policy and politics, ObmaCare is in even bigger trouble than it seems.
— DrewMTips (@DrewMTips) November 14, 2013
If you like your health insurance, you can keep it until after the 2014 midterm elections.
— Michael Goldfarb (@thegoldfarb) November 14, 2013
— Senator Ted Cruz (@SenTedCruz) November 14, 2013
With his signature law crashing down around him, Obama blamestorms. GOP, insurance commissioners, media, insurance companies. Pitiful.
— Guy Benson (@guypbenson) November 14, 2013
— John Nolte (@NolteNC) November 14, 2013
— Howard Fineman (@howardfineman) November 14, 2013
Insurance commissioners have same objections to Obama ACA fix as Ins. Cos. And they doubt it can work in practice. http://t.co/2u1BuIwxhS
— Brit Hume (@brithume) November 14, 2013