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Obamacare deadline postponed by a day

  • Amid a last-minute crush to buy health-insurance coverage, the White House has extended by 24 hours to today the deadline for signing up for plans.
  • Over 1M people had logged onto the much maligned HealthCare.gov Web site by 5 pm yesterday, causing sluggishness and long waiting times.
  • The postponement is the latest example of how the government has arbitrarily moved deadlines and changed the parameters of Obamacare, causing huge uncertainty for insurers and consumers.
  • More on Obamacare.
  • Relevant company tickers: AET, HNT, HUM, UNH, WLP, MOH.
  • ETFS: XLV, XHE, VHT, FXH, IHF, IHI, IYH, PTH, RYH, PSCH, RXL, RXD, XHS.
Comments (12)
  • DeepValueLover
    , contributor
    Comments (8130) | Send Message
     
    Does anyone really believe this monstrous, cluster F of a "law" is the best America could have come up with?

     

    Any classroom of 5th graders could have whipped up a more legitimate solution before recess!
    24 Dec 2013, 05:13 AM Reply Like
  • $SDEV
    , contributor
    Comment (1) | Send Message
     
    This is what I have been saying! "Most people with average common sense could solve most of the problems in the USA. " The fed has all the money, all the manpower, all the power to make and enforce laws, but they choose to continue to allow people to starve, manufacturing to go overseas, 47% of adults in he USA have a full time job (need I say more?)
    24 Dec 2013, 07:08 AM Reply Like
  • Jkj193741
    , contributor
    Comments (16) | Send Message
     
    It is about the best anyone could do with the power of the insurance industry wielding it's big whip over our spineless congress. They had to have their big cut of every deal. No Medicare for all for them. Sad! But so so true.
    24 Dec 2013, 07:45 AM Reply Like
  • GizmoA51
    , contributor
    Comments (116) | Send Message
     
    Then how come the republinos offer no alternatives? They must be dumber than 5th graders.
    24 Dec 2013, 09:01 AM Reply Like
  • Rope a Dope
    , contributor
    Comments (529) | Send Message
     
    Gizmo, the Republicans have offered advice on this from day 1 but were rebuffed at every turn. You know, from the party that does not compromise? So like everything else, Democrats took something that was really bad ....... and made it worse.
    24 Dec 2013, 03:15 PM Reply Like
  • GizmoA51
    , contributor
    Comments (116) | Send Message
     
    Paul Ryan's first alternative was to pick up and show a blank piece of paper and say start over. How does help?
    25 Dec 2013, 12:04 AM Reply Like
  • Rope a Dope
    , contributor
    Comments (529) | Send Message
     
    An empty piece of paper would be better than the mess Democrats created with Obamacare. And besides, it might be something Pelosi could read before she voted on it.

     

    What is it going to take before ALL Americans finally admit this was a mistake in its entirety?
    25 Dec 2013, 07:58 AM Reply Like
  • GizmoA51
    , contributor
    Comments (116) | Send Message
     
    At least the Democrats led by President Obama made and are making an attempt at helping about 30-40M uninsured Americans. Lots of problems but with time they should get fixed. Gotta start someplace. What have the republinos done lately besides close women's health clinics and restrict voting rights? BTW, are you also against the VA, social security, medicare, and medicaid? I am very, very happy receiving social security and being treated by VA doctors, being hospitalized in a VA hospital three times in the last three years has prolonged my health and life.
    25 Dec 2013, 08:42 AM Reply Like
  • Rope a Dope
    , contributor
    Comments (529) | Send Message
     
    Sure Gizmo, if they're lucky they'll get insurance for maybe 15 million people who never had it before. That will certainly make it easier to swallow for the 80 to 100 million people who have lost or will lose their insurance and no doubt the few that manage to hang on to their policies are seeing rates double and deductibles double.

     

    The last ratio I heard (maybe 1 month ago) indicted for every (1) person who signed up for Obamacare, 1,000 lost their policies. Maybe it's just me because I don't understand Liberal math, but that doesn't sound like a 'good start'.

     

    Republicans are not trying to close anything, they are trying to rein in completely out of control spending before the entire system collapses. We are on an unsustainable fiscal path and unfortunately, too few people will EVER believe this until we're walking among the ruins in what once was America. Even the CBO (they are not affiliated with the Tea Party) states we are on an unsustainable fiscal path.
    25 Dec 2013, 11:37 AM Reply Like
  • Jake2992
    , contributor
    Comments (825) | Send Message
     
    "the 80 to 100 million people who have lost or will lose their insurance"

     

    Are you sure it's not 800,000,000,000,000 billion cajillion people. But seriously, was that supposed to be an attempt at humor, or are you just insane?

     

    In reality, less than 1% of people who "lost" their policies will pay more under Obamacare. Please stop spreading your unsubstantiated and baseless propaganda trying to scare people into voting for Republicans.
    25 Dec 2013, 11:53 AM Reply Like
  • Rope a Dope
    , contributor
    Comments (529) | Send Message
     
    Jake (I think you’re really Jay Carney), it’s called the Employer Mandate. Democrats are busy right now shoring up the Republican vote for the mid-terms and I don’t think they’ll need more help.

     

    I'm not sure how well versed Forbes is in economic matters, but they suggest on average, Obamacare will increase premiums by 41%. That's not for '1%' of Americans either.
    http://onforb.es/1ecqyXN
    25 Dec 2013, 12:25 PM Reply Like
  • Rope a Dope
    , contributor
    Comments (529) | Send Message
     
    If you gathered the 100 most intelligent people in the US and asked them to design a healthcare system that would fail, I doubt they could have conceived anything as disastrous as Obamacare.

     

    In other news; I was reading an article a few days ago that labeled Obamacare as a ‘hideous piece of GOP legislation’. No kidding.
    24 Dec 2013, 05:32 AM Reply Like
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