Thursday, February 21, 2013

Insurance providers not buying into ObamaCare

In the beginning Obama convinced the Insurance industry they would make huge profits from Obamacare. It was smart on his part to play to the companies greed. But like everything else Obama has touched this has turned out to be another lie.  Now even the Insurance Companies are running from this mess because the states are looking at these pools and turning up their noses. This means all the pools (Exchanges) will be Federal, run by the same people who made welfare into a disaster.  Now the Administration cannot seem to decide what the perimeters of the health insurance are - what's covered, what's not and how much will the Insurance Company get.

The Administration's assumption in drafting this law was that the American people were so stupid they would run to the insurance companies and buy whatever was offered at whatever price with Obama claiming the cost would be "affordable."   In fact, it is affordable, if you are one of his targeted rich who he claims are to blame for all the world's problems and should be punished with higher taxes.  Obama, himself, said a few days ago, "I will not accept or sign any bill that hurts the middle class."   In fact, the greatest injury to the middle class since the Great Depression is Obamacare. 

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