Quote:
Originally Posted by Danzig
d.c. insurance commissioner fired:
http://www.washingtonpost.com/local/...0c0_story.html
posting this because of some of the other info involved as well....
While the president’s plan sounded like a simple fix, it rattled the insurance industry, which had set prices for next year based on many of its products changing to comply with the health-care law. Allowing some plans to continue beyond Jan. 1 could also run afoul of provisions in laws passed by dozens of states and the District to implement the Affordable Care Act.
a statement issued by the National Association of Insurance Commissioners that said the Obama order “threatens to undermine the new market, and may lead to higher premiums and market disruptions in 2014 and beyond.” |
Yep, he thought you could flip a switch with 6 weeks to go. Thoughtful.