Insurers To White House: Delay ObamaCare Or Risk “Chaos”

Thursday, January 24, 2013
By Paul Martin

by Tyler Durden

With eight months left until million of Americans are supposed to begin shopping at online markets created by the Obamacare ‘tax’ law, the insurance industry is concerned at the government’s lack of readiness. Bloomberg reports that Jim Donelon, the head of the National Association of Insurance Commissioners, suggested that President Obama may need to delay the implementation of the health-care overhaul or “risk chaos” when the subsidized plans go on sale later this year. While it is clear that the administration has shown no sign of seeking a delay, Donelon notes that “…to rush into implementation before it’s ready would not be in the President’s best interest.”

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