Good Morning. Happy Friday! We will do a heavy dive into the Obamacare mess. As Politico so aptly puts it: President Obama violated the cardinal rule of marketing management: Under-promise and over-deliver. So, the President continues on his apology tour, this time admitting we fumbled. He then attempted to fix things. As you know by now, that fix allows people whove lost their insurance to keep it for one year. Insurance companies are not happy, they say the Presidents fix -- and the Republican plan in Congress -- will only drive up premiums. An important note: If you already have insurance your premium will NOT go up any more. Rates have already been set for 2014. They could go up in 2015. Also important to keep in mind, this from NBC: ...Ceci Connolly, managing director of PwCs Health Research Institute, says it’s all very confusing but notes that Obama’s decision really doesn’t affect a large majority of Americans. “We are talking about a small universe of people,” she says. Only about 11 million people have policies on the individual market, she says, adding: “They typically turn over. They are not the same 11 million from year to year. Okay, moving now to another bit of news: China is relaxing its one-child policy. And Mayor Rob Ford is about of stripped of his power. Torontos city council is voting to minimize him. But, dont worry about Rob. He has a new TV show in the works! See you at 9 and 10 ES.
Posted on: Fri, 15 Nov 2013 13:03:02 +0000
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