President Obama tells insurance companies they have the freedom to extend the policies but cannot force them. That removes the narrative of Obama/government takeover of your health care. He forces insurance transparency by requiring insurance companies to come clean on their substandard policies relative to the Affordable Care Act. In doing this the American citizens purchasing these policies know upfront that they are purchasing junk.
The fact that many will now have the comparison and the knowledge that there may be subsidies on the exchange will limit the size of that insurance market. This means it is unlikely many insurance companies will bite. There are some people who will not get subsidies, will not have policies extended by insurance companies, and will be upset that they will pay higher rates. The president put the onus of fixing that on working with Congress. Congress can choose to engage or not. Not engaging becomes a new campaign direction for Democrats.
The insurance companies are now upset. When they cancelled policies they did so with an up-sell of more expensive policies as opposed to encouraging folks to go to the Obamacare exchanges. In doing so they created a political firestorm instigated by Republicans. Now the insurance companies are complaining about the fix disrupting the insurance markets.
Purists believe the Obamacare fix is about to create a big mess. This is partly true. This mess is politically necessary to expose insurance companies and Republicans. It will illustrate realities versus perceived hypotheticals.
The insurance companies attempted to circumvent the Obamacare exchanges and got bit. Their threats of future higher premiums should be ignored. If they do not work towards assisting in getting a sustainable pool that can be insured at affordable rates, Americans will demand a public option which will likely evolve into a single payer (Medicare for all) in the form detailed by Anthony Weiner on Real Time with Bill Maher.
The roll out of the healthcare.gov has been a mess. President Obama said that he is responsible for fumbling the rollout of Obamacare. He also said that when he became president he told Americans he would not be perfect but he would be working throughout his administration to make life better for Americans. He said the old individual insurance market was not working. Many only had insurance until they had to use it. He reiterated all the benefits of Obamacare.
The president’s news conference was contrite yet assertive. It was likely compelling to many in its detail. Near universal coverage has eluded every president in the 20th and 21st centuries thus far. Those who are betting that obstruction and sabotage would deter this president should take heed. This president has accomplished substantive changes to the direction of this country even as billions have been spent to derail him. Bet against him at your peril.