President delays part of Obamacare

President delays part of Obamacare

What Republicans were vilified for trying to do with the shut-down, President Obama did of his own free will.  He delayed the full implementation of Obamacare.  He said that he would postpone for one year the requirement that individual insurance plans that people currently hold have to include all of the required bells and whistles or get cancelled.  His promise that if people like their current plan they can keep it will be honored–for one year.

From Obama announces change to address health insurance cancellations – The Washington Post:

President Obama relented to pressure from the public and his own party Thursday and changed one of the bedrock requirements of the new health-care law to fulfill his promise to allow people to keep their insurance plans if they want.

While the move was aimed at solving a problem that was threatening the president’s credibility and public faith in the law, it raised a slew of new questions, including whether insurers would adjust, whether millions of customers would pay higher premiums and whether states would make it available.

The president made the change at a White House news conference that quickly turned from a specific policy announcement into a nearly hour-long deconstruction of broader flaws with the health-care law and Obama’s responsibility for its early failures.

The president was contrite, and his admissions were many — he conceded that he was left in the dark about aspects of the crowning achievement of his presidency, he acknowledged that he and his advisers underestimated how hard it would be to sell insurance over a Web site, he could not guarantee that the Web site would work well for everyone by the end of the month, he allowed that federal government rules were an impediment, and he lamented the political problems he caused for members of his own party.

“There have been times where I thought we were . . . slapped around a little bit unjustly. This one’s deserved, all right? It’s on us,” Obama said regarding the policy cancellation issue, which contradicted his repeated promises that people would be able to keep insurance plans they liked.

Obama said insurance companies could continue for another year to offer health plans sold to individuals and small businesses that do not meet requirements under the new law that set minimum standards for the benefits that policies must cover.

 

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