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Insurance companies are freaking out about Obamacare

The coziness between the Obama administration and the health insurance industry is backfiring, Herman Cain declared on his program Monday.

“Many insurance companies thought that they were going to have a windfall. Not working out that way.

“And then, there was another article that indicated that the second wave of health insurance disruption was going to be coming from small businesses,” Cain said.

“Now that it’s not working out the way they thought it was going to work out, they are freaking out,” he said.