As Twitchy reported, President Obama is set to deliver a speech on fixing Obamacare this morning. Among the reported fixes? Consumers whose coverage was dropped will be able to renew their plans … sort of:
Breaking: source tells me potus will announce cancelled insurance policies for those in individual market can ml be renewed…
— Dana Bash (@DanaBashCNN) November 14, 2013
More on potus announce: insurance companies will be required to tell people renewing cancelled plans of alt options & benefits they'll lose
— Dana Bash (@DanaBashCNN) November 14, 2013
Per @DanaBashCNN, Obama will announce ppl w/ canceled indiv plans can renew for a year, req ins co's to tell ppl of alt options/benefits
— Jennifer Bendery (@jbendery) November 14, 2013
Hill sources tell @JeffZeleny Obama will announce people on individual market CAN keep their health plans for one more year.
— Steven Portnoy (@stevenportnoy) November 14, 2013
A year. A year.
Aside from the logistical issues:
WSJ story doesn't say how it would be possible for Obama to do this by executive fiat.
— Philip Klein (@philipaklein) November 14, 2013
(To be fair, since when as that ever stopped Obama?)
Also unclear if insurers can logistically re-issue cancelled plans/how this interacts with state regulators, who approve all plans.
— Philip Klein (@philipaklein) November 14, 2013
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So do people whose health plans have been cancelled get restored? Are insurance companies going to be told to restore them? Subsidies?
— J.P. Freire (@JPFreire) November 14, 2013
The idea that this will in any way fix the Obamacare cluster is ludicrous.
FYI: "Administration Fix" to #ObamaCare postpones cancellations until after 2014 elections. Not even pretending to hide political motive.
— Brad Dayspring (@BDayspring) November 14, 2013
https://twitter.com/hostagehoosier/status/401013613906767872
So, this temporary "fix" relieves political pain briefly — then results in big round of cancellation letters/premium hikes next fall?
— Guy Benson (@guypbenson) November 14, 2013
https://twitter.com/BradThor/status/401013711290114048
And we’re still waiting for the punchline.