{"id":3850,"date":"2010-06-08T17:57:58","date_gmt":"2010-06-08T21:57:58","guid":{"rendered":"http:\/\/www.nhteapartycoalition.org\/tea\/?p=3850"},"modified":"2010-06-08T17:57:58","modified_gmt":"2010-06-08T21:57:58","slug":"virginia-based-health-insurance-company-closes-its-doors-cites-obamacare","status":"publish","type":"post","link":"http:\/\/www.nhteapartycoalition.org\/tea\/2010\/06\/08\/virginia-based-health-insurance-company-closes-its-doors-cites-obamacare\/","title":{"rendered":"Virginia Based Health Insurance Company Closes Its Doors, Cites ObamaCare"},"content":{"rendered":"<p>And so it begins&#8230; <\/p>\n<blockquote><p>    The firm, nHealth, appears to be the first to claim that the new law has driven it out of business. \u201cWe don\u2019t know what the rules are going to be, and, as a start-up, our investors need certainty,\u201d nHealth CEO and President Paul Kitchen told POLITICO.<\/p>\n<p>    \u201cThe law created so much uncertainty that is beyond our control.\u201d<\/p>\n<p>    Last week, <a href=\"http:\/\/www.richmondbizsense.com\/images\/nhealthletter.pdf\">in a letter to the company\u2019s 50 or so employees<\/a>, Executive Vice President James Slabaugh said nHealth has stopped accepting new group customers and will terminate all business by Dec. 31.<\/p>\n<p>    \u201cThe uncertainties in the regulatory climate coupled with new demands imposed by national health care reforms have made it challenging to sustain the level of sales required to remain viable over the long run,\u201d Slabaugh wrote.<\/p><\/blockquote>\n<p>Related:<br \/>\n<a href=\"http:\/\/www.allamericanblogger.com\/10886\/health-insurance-company-closes-its-doors-cites-obamacare\/\">All American Blogger<\/a><br \/>\n<a href=\"http:\/\/hotair.com\/archives\/2010\/06\/08\/obamacare-nails-its-first-villain\/\">HotAir &#8211; Obamacare Nails Its First Villain<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>And so it begins&#8230; The firm, nHealth, appears to be the first to claim that the new law has driven it out of business. \u201cWe don\u2019t know what the rules are going to be, and, as a start-up, our investors need certainty,\u201d nHealth CEO and President Paul Kitchen told POLITICO. \u201cThe law created so much [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,8],"tags":[],"class_list":["post-3850","post","type-post","status-publish","format-standard","hentry","category-news","category-articles"],"_links":{"self":[{"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/posts\/3850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/comments?post=3850"}],"version-history":[{"count":1,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/posts\/3850\/revisions"}],"predecessor-version":[{"id":3851,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/posts\/3850\/revisions\/3851"}],"wp:attachment":[{"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/media?parent=3850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/categories?post=3850"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/tags?post=3850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}