So why believe him now? His call to reinstate the plans that have been canceled is more political than practical. As usual, before speaking to America, he met with Democrats alone. There was no meaningful legislative negotiation and no evidence of him communicating with insurance companies or state insurance commissioners who must approve such offerings. His press conference was designed to stop the bleeding but only further proves that Washington doesn't have the competency to manage healthcare.
The America's Health Insurance Plans, an insurance company trade association, immediately responded to the President's fix: "Changing the rules after health plans have already met the requirements of the law, Obamacare, could destabilize the market and result in higher premiums for consumers. Premiums have already been set for next year based on assumptions of when consumers will be transitioning to the new marketplace ... If now fewer younger and healthier people choose to purchase coverage in the exchanges, premiums will increase and there will be fewer choices for consumers."
There's no easy reset button. Washington leftists have no understanding of what private companies face. Companies can't pass on losses to future generations. They have to work with a budget; they have to make a profit to survive. Insurance is about managing risk; Washington sees insurance as another entitlement that provides benefits now and pays later...if at all.
Every improvement is the result of change, but not every change is an improvement. Obamacare is not an improvement. Are you ready to switch horses?
Bernie Sanders Champions YUGE Profits for U.S. Corporations (But Only in Cahoots with Communists) | Humberto Fontova