50 to 100 million New Health Care Insurance Cancellations Could Come in 2014 Due to Obamacare

CNN, Reporting on October 30th 2013:

The implementation of Obamacare: We had known it was going to be bad, but we really had no idea it would be THIS bad. In my extended family there are at least 6-7 small business owners, and the dinner table discussion for at least a year often included what would happen to local health insurance rates once the law kicked in. At one point a relative flatly stated he would be keeping all of his employees on 30 hours a week or less to make sure he never had to offer health insurance plans for his staff. Since he is kind of the “alpha guy” in the family, most other business owners would follow suit. It was the only way they could afford to stay in business, once Obamacare kicked it. For him, it was either offer health insurance under the new ACA requirements – and go out of business in 3 years  – OR opt out of offering health insurance entirely, and manage to stay afloat. Other business owners all over Oregon have had to make the same grim decision, now that Obamacare is the law of the land.

Now that the roll-out has staggered into effect, with all the odd consequences still unfolding, news analysts predict a “second wave” of health insurance policy cancellations next year, which will be, in effect, a literal tsunami, compared to this year: a staggering 100 to 150 million health insurance policies may be canceled next year by small business owners all over the country. I am wondering if another wave of lay-offs and small business closures is to come in 2014 as the law begins to be implemented across the country. With a weak, wobbly recovery inching along, can America actually afford to implement this law without doing more harm to our economy than good, in the long run?

If you have observed that the implementation of ACA has been a rocky road thus far, just wait until the full brunt of 100 million health insurance policy cancellations hits the economic streets in 2014. I see a fiscal calamity coming in 2014, as the nation struggles to try to actually implement this ill conceived, poorly written, cumbersome health care law.

See Report: Second wave of health plan cancellations looms

Alex Jones News Channel, reporting on October 10th 2013:

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First Two Months of Obamacare Rollout Brings Barrage of Troubling Headlines

Just as we all look to weather vanes and wind socks to see which way the wind is blowing, I look at news headlines from dozens of sources each day to ascertain which way the wind is blowing in the nation. There is a harsh north wind bearing down on the country due to the complicated snarls and issues surrounding Obamacare, and many I have spoken with privately already believe that the flawed healthcare law has doomed Obama’s second term to useless ‘lame duck‘ status. Here are a few of the headlines and ‘quotable quotes’ from this morning, as the fallout continues to rain down from the first 2 months of Obamacare. This topic is on the lips of everyone writing for almost every newspaper in the country, and the amount of news reporting on the issue is LARGE.

This is not just a biting north wind, this is a gale force wind. From the dozens of reports I have read, here are just a few examples. Especially unnerving is the latest news report that many internet web techs believe the Obamacare website is a lost cause, and is now irreparable.  If this is true, I doubt the troubled  legislation can or will survive the onset of such a severe blow. Adding insult to injury, The Chicago Tribune, from Barack Obama’s beloved home turf is now calling for the repeal of Obamacare.  I’m tempted to call this latest development the “straw that breaks the camel’s back.” We’ll see.

What’s in store – which is not a hard call to make – are months on end of more ridiculous news stories about the White House’s fight to save Obama’s sinking flagship legislation, while many democrats jump ship to save themselves, landing in a sea of $#@%$#$& when they do. The unpopular GOP will continue to shamelessly exploit every new moment when the next piece of the dying law falls off the carcass with a thud, and the sounds of all the ensuing rancor over it will be the loudest sound you hear in the United States until Spring.

[ Funny little back end moments: While I was typing this post Zemanta offered links to keyword phrases just like it always does. Each time I clicked on the phrase “President Barack Obama’s” to link his name to this post, Zemanta dropped the link, and it wouldn’t stick. I had to manually link his name to the article 4 times for it to “take.” Isn’t that interesting? ]

Why Obama Can’t Just Uncancel All Those Insurance Plans

President Obama’s plan to reverse himself and let millions of people keep their health policies—the ones that insurance companies cancelled because don’t meet the Affordable Care Act’s standards—is something like an attempt to unscramble an omelet.”

Obama Proposal Worries Insurers and Regulators

“This decision continues different rules for different policies and threatens to undermine the new market, and may lead to higher premiums and market disruptions in 2014 and beyond,” said Jim Donelon, Louisiana’s insurance regulator and the president of the National Association of Insurance Commissioners.

GOP: Obama knew “keep your plan” promise was deceitful

“When President Obama told Americans they could keep their current health insurance under Obamacare if they liked it, he did not “misspeak,” Sen. Ron Johnson, R-Wis., said Saturday in the weekly Republican address.

Rather, Johnson said, the promise was “fully vetted, coldly calculated and carefully crafted to deceptively sell” the legislation “to a trusting public.”

Sen Ron Johnson: “Millions of Americans are coming to realize that those are your tire tracks on their canceled policies,” Johnson said to the president, accusing Mr. Obama and his Democratic allies in Congress of perpetrating “political fraud” to aid their political goals.”

Obama struggles to save his cherished health law from the clutches of his own administration

President Barack Obama’s health care law risks coming unglued because of his administration’s bungles and his own inflated promises. To avoid that fate, Obama needs breakthroughs on three fronts: the cancellations mess, technology troubles and a crisis in confidence among his own supporters.”

No Hope Left for Obamacare’s Website, Techies Say

“When I visited HealthCare.gov on October 1, that was the worst piece of software I’ve ever experienced in my life,” said Luke Chung, founder and CEO of the software company FMS. “It had nothing to do with too many users. It couldn’t serve one user.”
“What we’ve seen so far is the first set of problems that come up,” he said. “Then you have the next set of problems. It’s one set of issues leading into another.”

Why Divorce Attorneys Will Love Obamacare

“Tom Blumer, a blogger at PJ Media, points out the unintended consequence of what Obamacare will do to marriages and families. He used this calculator from the Kaiser Family Foundation to run the numbers.”

McCain’s stunning flip-flop: Repeal Obamacare

(THE BLAZE) “After repeatedly criticizing senators such as Ted Cruz (R-Texas) and Mike Lee (R-Utah) over their crusade to defund Obamacare, Sen. John McCain (R-Ariz.) called for the “total repeal” of the Affordable Care Act on Wednesday.”

It Begins: Major Newspapers in Reid’s and Obama’s Home States Call for Obamacare Repeal

“On Thursday, the president offered an apology and an unworkable and possibly illegal “fix” to his troubled healthcare law. Today, The Chicago Tribune has had enough and wants the president’s signature law repealed.”

Obama: ‘We Fumbled the Rollout’ [ Ya Think??? ] O. M. G.

See http://www.newser.com/story/177580/obama-we-fumbled-the-rollout.html

Back in 2009 and 2010 when the conservative side of America was warning [ loudly ] about what a bad idea it was to https://i2.wp.com/images.sodahead.com/polls/001748059/038199445_Obama_incompetence_xlarge.jpeglet the US government get involved in delivering healthcare, we couldn’t have imagined just HOW BAD it would all be once the damned and ill-fated Affordable Healthcare Act finally rolled out.

More than 50 times in speeches across the nation President Obama faced the American citizenry and promised them:

“If you like your plan – you can keep your plan.”

It’s not just the lie itself that Barack Obama told, repeatedly, to the American people during 2009 and 2010 when this legislation was all being bullied through Congress without a single GOP vote of support – it’s the sheer magnitude and scale upon which this sitting president lied to the American people about Obamacare.

https://i1.wp.com/www.renewamerica.com/images/columns/13/131024caruba.jpgIt strains credulity to look at it all, and it has ruined what ever small shreds of credibility the Obama presidency ever had. Pause to consider: If the US government with all it’s might, resources, and mighty printing presses could not effectively build a website to deliver the shopping options for Obamacare – why in the hell would we EVER believe that the FED could administer the Healthcare program itself  – without the same level of bungling, bumbling, finger pointing and endless lame ass excuses for why it doesn’t work???

Further: If the Obama administration has now decided to hurl a final “Hail Mary” pass and allow people with pre-existing plans to keep those plans for another year, and if the alternative Obamacare plan offers less coverage at a higher rate, as many news outlets are now reporting  – then Obamacare WAS NEVER NEEDED IN THE FIRST DAMN PLACE, and this has all been for NAUGHT.

This law is fast becoming the most preposterous waste of American taxpayer money and the federal government‘s time, talent, resources and energy that I have seen in my lifetime. It ranks right up there with the Iraq War  – a sheer colossus of waste.

When is utter and absolute incompetence an impeachable offense?

https://21stcenturyscreenshots.files.wordpress.com/2013/11/d2a6f-obama-failure-75900374110.png

World Bank Whistleblower: Fiat Currency US Dollar Is Now Worthless, Will Crash

An honest former official at the World Bank opens her mouth and speaks, stuns the world, and causes this author to wonder: How long will this woman be alive before she is permanently silenced?

This video news report via RT.com news is about a month old, but I feel that what Karen Hudes is saying is VERY MUCH worth hearing. It needs to be shared as well. I was especially interested in hearing Karen’s comment’s about an international “super-entity” which she stated now owns al of the major media outlets of the world, 60% of all market shares and 40% of all hard assets. If this is true then this “super-entity” now effectively controls the assets of the nations of the world. Is she referencing the Illuminati? She made some staggering statements about vast sums of wealth and assets being transferred to the Vatican during this interview, which is jaw-dropping over all.

Ms. Hudes also made an absolutely staggering comment about the amount of gold bullion now in storage in Hawaii by the Bank of Hawaii: 170,000 tonnes, more than the [supposed estimated ] world supply of gold bullion.

Feel free to share.

Related Video Report:

Tags: dollar collapse, US economy, financial collapse, Obama presidency, Obamacare, World Bank, Karen Hudes, federal deficit, price of gold, price of silver, financial collapse, US banking cartel, corruption, international economy, Vatican, fleecing of America, financial manipulation world markets, financial corruption, Jesuits, quantitative easing, Federal Reserve, Bank of Hawaii, precious metals, Bank for International Settlements, BIS, LIBOR, usury, fiat currency, hyper-inflation, SEC, Security and Exchange Commission