So President Obama made the best of a bad situation regarding the Affordable Care Act. He's allowing the insurance industry to extend existing health plans for a year. This applies to individual and small group markets. In doing so, the president tried to stop the bleeding that stems from being seen as not telling the truth when he said people who liked their plans could keep them.
A CBS News tally says nearly five million people across the country are being dropped from insurance plans by the industry, not by the president. People need to be clear that these dropped plans are essentially failures, since many don't meet basic mandates for things like maternity care, emergency room visits (quite expensive, these), and mental health treatment.
President Obama is up against a political buzzsaw here, and only part of it was of his making. The botched rollout of the government Website, combined with the perception that he went back on his word made Obamacare a four letter word in the minds of many. The other problem is this. If people have a cheap insurance plan and don't use it, they like it. After all, it's a small amount of money, and many people, especially younger folks, don't worry about getting sick.
The firestorm all this has created is amazing, given that we're only talking about 5% of all Americans in the individual market in the first place. But you know what they say about the squeaky wheel…..
I know he couldn't do this, but I would have loved to see Barack Obama double down on this existing plan thing. What better time to say to the insurance companies that if they're going to cancel policies (and be clear, they didn't have to), the government would provide insurance for those affected. If the CBS tally of 4.8 million cancellations is correct, that makes a great base for a PUBLIC OPTION.
Yeah I know he can't do it. But don't you wish he would?