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The Health Insurance Cancellation Letters Will Continue to Go Out

Written by Gary North on November 18, 2013

President Obama backtracked last week. He said he will not enforce the mandatory health insurance law next year, despite it being the law that bears his name.

First, this has to get by state insurance regulators. There is not much enthusiasm among this group. They have set up the rules. Now they are being asked to delay them for a year. Why should they? This gums of the works.

Next, hospitals must accept this change. But will they? Will they honor cancelled policies?

Third, it’s only a delay. The existing system will arrive in 2015. Then everyone has to shift back. This is a bureaucratic mess. Why bother? For politics? That is the President’s problem, not the insurance regulators’ problem or the hospitals’ problem.

If the change were permanent, that would be different. But it isn’t. It’s just a way for Obama to buy time to fix the website. The states’ regulators are expected to pay for this delay. So are hospitals.

The entire medical system has made the change. Now it is being asked to reverse course for a year.

What’s in it for them?

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3 thoughts on “The Health Insurance Cancellation Letters Will Continue to Go Out

  1. Phillip the Bruce says:

    What's in it for them? That depends on how they want the elections to go next year.

  2. Nearly 500,000 cancellations letters have gone out in my state alone.

    Don't think it'll be easy to magically 'uncancel' them.

  3. Hi there just wanted to give you a brief heads up and lett you know a
    few of the image aren’t loading properly. I’m not sure why but I think its a linkinhg issue.
    I’ve tried it in two different web browsers and both show the same results.