Oh No, Not The Death Spiral?!? Insurance Industry Say, Obama's "Fix" Is Entirely Unworkable

From Ace:

Changing the rules after health plans have already met the requirements of the law, Obamacare, could destabilize the market and result in higher premiums for consumers. 

Premiums have already been set for next year, based on assumptions of when consumers will be transitioning to the marketplaces.If now fewer younger and healthier people choose to purchase health coverage in the exchanges, premiums will increase, and there will be fewer choices for consumers.

Ace comments:

They're talking about the Death Spiral. 

The female anchor asked Wallace if Obama had consulted with the insurance agency. Chris Wallace scoffed, laughed at the question, asking her in return: At this late date, why would he start consulting? 

"This Is A New Insanity:" So says a spokesman for New Jersey Health Insurance Underwriters.Fuller statement from American Health Insurance Providers below. 

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AND THEN THERE'S THIS:

Washington State Insurance Commissioner Announces State Will Ignore Obama's New "Fix;" Will Direct Insurers to Implement Obamacare Per the Actual Letter of the Law

I would like to propose a lawsuit to repeal Obamacare on this basis. The Constitution does not permit executive law-making, and apparently executive law-making is central to Obamacare. The law violates our Constitution on separation of powers grounds.

This is pure Chavez-level banana republic tyranny, and the nation will not stand if this is permitted.

If the Supreme Court stands for anything, it stands for guaranteeing the United States have a small-r republican form of government with enumerated powers, separation of powers, and checks and balances; Obamacare, in actual practice, ignores all that, and constitutes an indefensible change of our government from a republican one to an executive lordship.

I Will Use My Every Whim To Grind The Serfs To Dust

 Obamacare Shadenfruedarama

The hubris of our ocean-commanding commander-in-chief surely isn’t news to readers of this website. He’s said that he’s smarter and better than everyone who works for him. His wife informed us that he has “brought us out of the dark and into the light” and that he would fix our broken souls. 

The man defined sin itself as “being out of alignment with my values.” We may be the ones we’ve been waiting for, but at the same time, everyone has been waiting for him. Or as he put it in 2007, “Every place is Barack Obama country once Barack Obama’s been there.” 

In every tale of hubris, the transgressor is eventually slapped across the face with the semi-frozen flounder of reality. The Greeks had a god, Nemesis, whose scythe performed the same function. It was Nemesis who lured Narcissus to the pool where he fell in love with his own reflection.... 

Every day, the supposedly conspiratorial right-wing smear that Obama cared more about economic redistribution than he did about the middle class or economic growth looks more reasonable. Surely we’re allowed to say, “We told you so”? 

[A]s a political and ideological matter, this is beyond fantastic. For years we’ve been told that Democrats were more “reality-based,” that “facts have a liberal bias,” in the words of Paul Krugman, and that if they could just have their way, they could fix all of our problems. 

No one represented this arrogant promise more than Barack Obama himself. But, with an irony so rich it would be made of Corinthian leather if it was a car seat, the only way he could get his signature legislation passed was to baldly and brazenly lie about it, over and over and over again. 

He created a rhetorical cloud castle where no one would lose his insurance, every family would save thousands of dollars, and millions of the uninsured would suddenly get coverage. Anyone who doubted this was called a fool or a liar, or even a racist... 

And all of this — every bit of it — is their own fault.