Insurance company insider says Obama's IYLYPYCKYP fix "doesn’t change anything other than force insurers to be the political flack jackets for the administration."

As quoted by Evan McMorris-Santoro at BuzzFeed and repeated in the headline.

What the hell is a "flack jacket"? A jacket to keep flacks away?

Perhaps he meant "flak jacket," I don't know. The flacks really have been annoying lately.