Monday, July 15, 2013

California Insurance Commissioner: “Obamacare A Real Disaster”


From the Weekly Standard:
The California inusrance commissioner, a Democrat, is warning that Obamacare could be disastorous. “We can have a real disaster on our hands,” David Jones, the commissioner, tells the Associated Press. 
“His department regulates more than 300,000 insurance agents and brokers statewide,” reports the AP. 
“Starting Oct. 1, the state is embarking on an ambitious effort to enroll an estimated 5.3 million Californians who lack health insurance, about half of whom will be eligible for tax credit subsidies.” 
The real concern is fraud:

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