Here are the opening comments in an article found at
Bloomberg.com.
Allowing
Americans more time to enroll for health coverage under Obamacare may raise
premiums and cut into profits, insurers are telling members of Congress in a
bid to stop such a move. Extending the
enrollment period would have a “destabilizing effect on insurance markets,”
said Robert Zirkelbach,
a spokesman for the Washington-based lobbyist group American’s Health Insurance
Plans. Allowing younger, healthy Americans to sign up later, as they probably
would, means less revenue for insurers counting on those premiums to help
defray the cost of sicker customers, threatening industry profits. “If you can
enroll at any point in the year, then you can just wait until you get sick,”
Brian Wright, an analyst with Monness Crespi Hardt in New York, said in a telephone
interview. “This isn’t the industry crying foul and exaggerating the issue,
this is actually one of those issues where there is a well-grounded reason for
the concerns.”
My thinking? I could
not care less for the grievances of those who have climbed in bed with Obama
and his Socialist/Progressive regime. And
to think that their chief complaint with extending the sign-up period is
this: “If you can enroll at any point in
the year, then you can just wait until you get sick,”
Excuse me, but
ObamaCare was built on the premise that there should be no restrictions on
pre-existing conditions, or is that a
lie, also? If pre-existing conditions are no longer
regulated or excluded, the healthy young can wait (and pay their fines) as long
as they choose, before signing up. These [insurance] clowns did not see this coming ??????
Guess the Insurance Industry should have stood its ground
back in the days when it made a difference,
instead of caving in to a strategy they thought would preserve their
bottom line.
Turns out, in due time,
this industry will be history.
Obama has already stuck the knockout punch. They - the insurance companies – are simply
staggering around the ring before they fail complete defeat.