These Obamacare law changes keep on coming. Very quietly on Friday, Obama changed the law again, this time allowing insurance companies to keep another 2% of revenues that they dont have to pay out in medical payments. Part of the law detailed the percent of each dollar that insurance companies are allowed to keep for administrative costs and profit. The rest is supposed to go to medical payments. This change allows the insurance companies in effect to make even more profit...all with a stroke of Obamas pen. Its nice that he is taking car of the insurance companies when all of the promises about his healthcare plan are turning out to be lies. No increase in taxes due to the law....LIE. Lower your insurance costs by $2500 per year...LIE. Keep your insurance company....LIE. Keep your Doctor....LIE. Even the altruistic goals of this plan are a lie...lower the number of uninsured....LIE. Obamacare was written for the benefit of the insurance companies....the public will pay a very dear price for it.
Posted on: Tue, 18 Mar 2014 19:59:13 +0000
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