Investor's Business Daily reported the discovery that, on page 16 of the House bill, new private health insurance policies will be outlawed. The Dems and other lefties tried to spin it otherwise but, in an article revisiting their original point last week, IBD reiterates and reinforces the point:
"Our impression was further confirmed Monday when Rep. Dave Camp, the ranking member on Ways and Means, told us that "any existing plan will not be able to enroll members." There will be "a prohibition," the Michigan Republican said, "on enrolling individuals in private health plans" after the bill becomes law in 2013."
"It was also confirmed by Ways and Means staff director Cybele Bjorklund, who, in response to questions from Republican Rep. Paul Ryan of Wisconsin during a committee markup session, admitted last week that insurance providers "cannot create new policies outside of that window outside of the exchange."
"Many of those who have said we are wrong pointed to this health care exchange mentioned by Bjorklund as evidence.
"But the exchange will not be a private market. It will be a program in which Americans can buy individual plans from private companies in competition with the "public option" provision of the bill that will provide taxpayer-subsidized coverage.
"But that's only part of the story. The exchange will be a highly regulated clearinghouse of providers that meet the government's standards. Only those providers that follow Washington's stringent guidelines will be allowed to join this exclusive club.
"The government, through an unelected health choices commissioner, will set premiums, dictate benefits, determine deductibles and establish coverage."
Read the rest: http://www.ibdeditorials.com/IBDArticles.aspx?id=333066661999894
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