Obamacare Update

As mentioned, President Obama gave an address earlier today addressing some of the concerns about the implementation of the Affordable Care Act. Video of the address is available here. A complete transcript of the address is available here.

Over at Think Progress, Igor explains "Everything You Need to Know about Obama's 'Fix' for Insurers Canceling Plans."

I dunno.

Ideally, the promise never would have been made in the first place that people who liked their plans would definitely be able to keep them. But we're well past that now. At this point, I'd rather the administration have simply said they were mistaken and push hard on the reason that people are losing their plans is because they're insufficient and enrollment in the ACA will offer better options.

I'm not sure how this is going to shake out, except for the fact that insurance companies will exploit it as tenaciously as they can to justify raising premiums.

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