Moody’s, a credit-rating service, has downgraded its outlook for the U.S. health-care sector, in large part because of the “unstable and evolving regulatory environment” of Obamacare. “When you get outside observers like Moody’s, that isn’t beholden, that doesn’t have to pretend everything is okay, it says that the outlook is negative,” Charles Krauthammer said on Special Report tonight.
“Evolving means that they wake up every Monday and the president’s changed the rules, so they have no idea what’s going on,” Krauthammer said. “And all the rule changes have been to protect the president and the administration politically while actually undermining the financial stability of the markets.”
With insurers facing possible insolvency, according to Krauthammer, he’s “not sure if the administration likes hearing the bad news, but it’s news that needs to be heard.”