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De Omnibus Dubitandum - Lux Veritas

Friday, November 15, 2013

President Obama’s “Administrative Fix” Will Make the Problem Worse

Dogs and and cats living together

Leon H. Wolf (Diary) |

By now you have no doubt heard that President Obama, in a disastrous and meandering news conference, has announced that he will attempt, via executive fiat, to implement something very similar to the Upton Plan, which will purportedly allow (but not require) insurance companies to continue to offer plans that were made illegal by Obamacare. Without wading into the politics of this move, as a matter of policy, it is going to be a disaster. That the President would even attempt it indicates that he does not have even a rudimentary understanding of how insurance works – which is a minor problem seeing as how he apparently sees fit to unilaterally dictate insurance policy for the whole country as of today…..To Read More….

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