{"id":2547,"date":"2014-01-23T18:34:54","date_gmt":"2014-01-24T01:34:54","guid":{"rendered":"https:\/\/scotshonor.com\/?p=2547"},"modified":"2014-01-23T18:34:54","modified_gmt":"2014-01-24T01:34:54","slug":"blue-moodys","status":"publish","type":"post","link":"https:\/\/scotshonor.com\/?p=2547","title":{"rendered":"BLUE MOODY&#8217;S"},"content":{"rendered":"<p>The Washington Examiner is reporting that Moody\u2019s has downgraded the entire health insurance industry, changing the outlook for health insurers from <strong>\u201cstable\u201d<\/strong> to <strong>\u201cnegative.\u201d\u00a0<\/strong> The reason given for this decision is that ObamaCare has failed to enroll enough younger healthier participants.\u00a0 This is a clear indication that the financial analysts recognize that ObamaCare has put the entire health insurance industry into a death spiral.\u00a0 In addition, the arbitrary decision by the Obama administration to change regulations after insurance carriers had already set prices has made the situation worse.<\/p>\n<p><a href=\"http:\/\/washingtonexaminer.com\/moodys-slashes-outlook-on-insurers-cites-obamacare-uncertainty\/article\/2542744\">http:\/\/washingtonexaminer.com\/moodys-slashes-outlook-on-insurers-cites-obamacare-uncertainty\/article\/2542744<\/a><\/p>\n<p>This also includes some wording that is destined to scare investors:<\/p>\n<p><em><strong>Moody&#8217;s also said it was &#8220;unclear&#8221; whether the impact of the new\u00a0<a href=\"http:\/\/washingtonexaminer.com\/section\/taxes\" target=\"_blank\">tax<\/a>\u00a0on health insurance policies was properly accounted for by insurers in their 2014 forecasts.<\/strong><\/em><\/p>\n<p>In other words, it looks bad and it might be worse than it looks.\u00a0 This is proof that ObamaCare is collapsing even faster than I thought possible even a couple of weeks ago.\u00a0 It will be interesting to see how the financial markets respond.\u00a0 If they believe this report, then the effect on the entire health insurance industry will be instant and obvious.<\/p>\n<p>I must point out that the insurance industry is the cornerstone of our economy and if we start having insolvency issues with regard to health insurance carriers it will be a very big deal.\u00a0 When you combine this with the other troubling trends in our economy it is hard to be an optimist.<\/p>\n<p>No amount of spin by the liberal left or the main stream media can fix this. \u00a0It is increasingly obvious that ObamaCare is a complete and total disaster.\u00a0 The sad reality is that politicians rarely make difficult decisions until faced with imminent disaster. Well wecome imminent disaster. \u00a0If things continue as they are, they will soon have no choice but to take some kind of action.\u00a0 This is now impossible to predict.\u00a0 But, it is sure a blue Moody\u2019s in Washington today.<\/p>\n<p>&nbsp;<\/p>\n<p>TDM<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Washington Examiner is reporting that Moody\u2019s has downgraded the entire health insurance industry, changing the outlook for health insurers from \u201cstable\u201d to \u201cnegative.\u201d\u00a0 The reason given for this decision is that ObamaCare has failed to enroll enough younger healthier &hellip; <a href=\"https:\/\/scotshonor.com\/?p=2547\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-2547","post","type-post","status-publish","format-standard","hentry","category-latest-headlines"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BLUE MOODY&#039;S - SCOTS HONOR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scotshonor.com\/?p=2547\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BLUE MOODY&#039;S - SCOTS HONOR\" \/>\n<meta property=\"og:description\" content=\"The Washington Examiner is reporting that Moody\u2019s has downgraded the entire health insurance industry, changing the outlook for health insurers from \u201cstable\u201d to \u201cnegative.\u201d\u00a0 The reason given for this decision is that ObamaCare has failed to enroll enough younger healthier &hellip; 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