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HHS Changing ObamaCare Year Two Calendar to Save Dems at Ballot Box

If they weren’t in the process of completely destroying the insurance industry, abandoning millions to life without coverage and decimating the economy at the same time as people sacrifice disposable income to pay for never, government-approved insurance polices; you’d almost have to applaud the political mechanics here.

Chicago politics at its finest, of course…

The second-year start of Obamacare enrollment will be pushed back by one month to give health insurers more time to prepare new plans and rates, an official with the U.S. Department of Health and Human Services said.

That enrollment period, previously scheduled to begin Oct. 15, 2014, will now start Nov. 15, said the official who asked not to be identified because the decision isn’t public. The change is important to insurers that need more time to evaluate the first year of the government-run marketplaces, set up last month as part of the Patient Protection and Affordable Care Act.

Young and healthy people who are necessary to balance the financial risk posed by older Americans aren’t likely to sign up in large numbers until March, said Jonathan Gruber, an economist at the Massachusetts Institute of Technology who helped design the 2010 health law. Giving insurers extra time to set second-year rates may result in lower premiums.

“This is an important business for them and they want to make smart decisions about how they set their rates,” he said. “It’s in the nation’s interest they get time to make those decisions.”

The first-year enrollment period that began Oct. 1 runs through March 31, 2014. Insurers would have then had until May to decide if they wanted participate in the next round and determine what rates they would charge.

While 106,185 people enrolled in private plans through the government exchanges last month, almost 1 million more abandoned the application process after encountering website errors and long wait times. Hundreds of thousands of Americans meanwhile have received letters from their current insurers informing them that their existing coverage is being canceled because it doesn’t comply with the new health law rules.

It’s not “hundreds of thousands” Bloomberg News, it’s five million.  It will be more next year when the employer mandate kicks in.

The move from October to November can not be incidental.  Mid-October is weeks away from the midterms, which is already starting to look abysmal for the Democratic Party.

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