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Chaos: The Obama administration has announced another exemption to Obamacare.
The Obama administration, in an 11th-hour change just before the holiday break, announced a major exemption in ObamaCare that will let people who lost coverage and are struggling to get a new plan sign up for bare-bones policies. The move Thursday to allow potentially hundreds of thousands of people to sign up for “catastrophic” coverage plans was blasted by the insurance industry as a shift that would cause “tremendous instability.”
I thought these “bare-bone” policies were “garbage plans” that only a few weeks ago Democrats were telling us we should be happy were cancelled.
It also appears from the above article as well as other sources that the insurance companies are very hostile to this announcement. (Read the second link especially. It outlines the many problems this new ad-hoc exemption causes.)
In a word, this law doesn’t work, it never has, and it should be repealed now.