Thursday, July 16, 2009

Obamacare outlaws private health insurance

This is truly scary and needs to be defeated. IBD notices this section in the House healthcare plan;

    When we first saw the paragraph Tuesday, just after the 1,018-page document was released, we thought we surely must be misreading it. So we sought help from the House Ways and Means Committee.

    It turns out we were right: The provision would indeed outlaw individual private coverage. Under the Orwellian header of Protecting The Choice To Keep Current Coverage, the Limitation On New Enrollment section of the bill clearly states:

    Except as provided in this paragraph, the individual health insurance issuer offering such coverage does not enroll any individual in such coverage if the first effective date of coverage is on or after the first day of the year the legislation becomes law.

    So we can all keep our coverage, just as promised  with, of course, exceptions: Those who currently have private individual coverage wont be able to change it. Nor will those who leave a company to work for themselves be free to buy individual plans from private carriers. you can keep your coverage as long as the private insurer is around to offer it. Once they are gone or your employer stops offering it, you cannot enroll in another private insurance plan because it will be illegal.

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