Sunday, August 11, 2013

Insurers flee States which will not permit them to make a profit. ObamaCare supporters stunned!

Coach is Right ^ | 8/11/13 | Doug Book

“Looks like Obamacare is more “on track” than “train wreck,” gloated the experts on Barack Obama’s Think Progress website as they reported the Master’s healthcare scheme was literally forcing America’s insurers to lower their premiums. (1)
The glad tidings arose back in May after Oregon providers Providence Health Plan and Family Care Health requested premium rate reductions from the state-run ObamaCare exchange. (Actually, the state just gets to PAY for the exchange. It’s RUN by Kathleen Sebelius at HHS.)
Naturally this was big news for Affordable Care Act fans. After all, what could be better than private insurers wanting permission to lower premiums, providing proof positive for Mr. Obama’s claims of lower healthcare costs brought about by competition. (MANAGED competition, that is)
But the left might be premature in celebrating the actions of 2 minor insurers in Oregon. For news from the rest of the nation is not quite as cheery...
(Excerpt) Read more at coachisright.com ...

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