Not only is "If you like it, you can keep it" being proven false, we are also learning that the President knew millions would lose their existing coverage, and continued to mislead the American People.
We also learn that delaying the start date of Obamacare would have disasterous results on the insurance industry:
The proposal to extend the open enrollment period, which has been endorsed by 10 Democratic senators, is a reaction to the well-documented problems with HealthCare.gov in its opening month. With many people having trouble applying for insurance through the website, and the administration setting a Nov. 30 deadline for the site to be fully functional, the senators say people need more time to sign up for coverage. The enrollment period is scheduled to end March 31. The senators haven't asked for a specific new end date yet.
But expect to start hearing a significant amount of pushback from the industry, with a message focused on the fact that insurance premiums could skyrocket in 2015 if the enrollment period is extended.
"We are focused on educating lawmakers and the broader policy community about why the individual mandate and defined open enrollment periods are essential to achieving broad participation in the marketplaces," Robert Zirkelbach, spokesman for America's Health Insurance Plans, a major industry lobbying group, told TPM. "Without these enrollment incentives, many young, healthy people may wait to purchase coverage until they need it, driving up premiums for everyone else."
The problem, according to the industry, is that an extended enrollment period could skew their calculations for 2015 premiums. Here's why.
Right now, insurers need to submit 2015 rates to the U.S. Department of Health and Human Services between April 1 and April 30, 2014. If the enrollment period ends in March, as currently scheduled, insurers will know exactly what their customer base looks like as they make projections about their 2015 rates.
But if people can still sign up after March 31, either while or after insurers are making those calculations, it creates a few problems. Here's the big one: Most experts assume that young and healthy people -- who are crucial to making the law's finances work by offsetting the costs of sicker and older enrollees -- are more likely to wait till the last possible moment or until they get sick to sign up for insurance.
If that's true and they can't be accounted for when insurers are projecting their 2015 rates because of extended enrollment, that could lead to an older and sicker pool when those calculations for 2015 are being made. That would likely increase rates. And generally, the uncertainty about the pools could cause insurers to err on the side of caution.
"We think it's important for everyone to understand that the individual mandate is critical to making the insurance reforms work and to ensuring affordable coverage for consumers," the Blue Cross/Blue Shield Association said in a statement to TPM ."Unless everyone is covered, the reforms included in this law fundamentally do not work. An extension of the open enrollment season is effectively a delay of the individual mandate, with the same serious consequences for consumers."
The Insurance Companies are following the rules (as written by Democrats). While the President has been happy to change/break the rules on a whim (exemptions, etc.), if it is done this time around, it will have devastating results.
Way to go, Democrats! Way to go by ram this piece of shit through the system using parliamentary tricks, way to go by not reading what was in it, and way to go by doing it with zero Republican support.
If the GOP finds a way to somehow screw up the golden ticket for the 2014 elections (full repeal, reminding people who is responsible for their loss in coverage, premium increases, etc.), then God help this Country.
Sure was a good thing that the MSM focused on Mitt Romney cutting another kid's hair in high school, how his dog once rode on top of a car, and that he had binders full of women during the last election cycle, wasn't it?