Obama Recants Another Fantastic Lie – Kids’ Health Insurance

You were promised that kids with pre-existing conditions could be insured for cheap or free by Obamacare, and insurance companies were to be forced to provide this.

Then the reality got in the way. People would wait to buy insurance until the kid was already sick, and insurance companies were told they’d have to cover it at the same rate.

Then the Insurance companies, knowing they’d curl up and DIE under this regulation, stopped offering new insurance plans for sick kids.

NOW OBAMA HAS RESCINDED his policy. Insurance companies will be permitted to raise the rates of these policies for pre-existing conditions on child only policies outside the open enrollment period.

Does all this sound like gibberish? Obamacare has begun to collapse even before it has started.