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Companies. he brought everybody in last week, his staff issued a bulletin saying that they were all partners. today he s calling them bad apple and these are people that are sort of taking it on the chin for him. these insurance companies are the ones that have to mail out these millions of cancellation letters. let me ask you about that. person said it was their fault, insurance companies were cancelling people long before obama care and if they were cancelling them afterwards they have only themselves to blame. that s baloney. do you really think an insurance company would want to cancel 300,000 customers on its own? that makes absolutely no sense. why would they want to do that? the obama administration wrote these regulations so strictly that almost no individual health insurance policy in the market today qualifies. i think it s going to impact about 80%, 85% of individual policies ultimately over the next one year renewal cycle.
Companies. he brought everybody in last week, his staff issued a bulletin saying that they were all partners. today he s calling them bad apple and these are people that are sort of taking it on the chin for him. these insurance companies are the ones that have to mail out these millions of cancellation letters. let me ask you about that. person said it was their fault, insurance companies were cancelling people long before obama care and if they were cancelling them afterwards they have only themselves to blame. that s baloney. do you really think an insurance company would want to cancel 300,000 customers on its own? that makes absolutely no sense. why would they want to do that? the obama administration wrote these regulations so strictly that almost no individual health insurance policy in the market today qualifies. i think it s going to impact about 80%, 85% of individual policies ultimately over the next one year renewal cycle.
Blame obama. do you think an insurance company would want to cancel 300,000 customers on its own? that makes no sense. why would they want to do that? the obama administration wrote these regulations so strictly that almost no individual health insurance policy in the market today qualifies. i think it s probably going to impact about 80%, 85% of the individual policies ultimately over the next one-year renewal cycle. what he s alluding to is it s basically an obamacare squeeze. they re squeezing employers who know coming in the year ahead they re going to have to provide insurance if you work over a number of hours. what those companies are doing is reducing hours. insurance companies, they make small adjustments on a yearly basis, people renew their individual plans, they make one little change and they can t comply with obamacare. they re then squeezed dropping the americans that are now squeezed without care or left to fall into