Friday - July 17, 2009

Read The Bill

Investor’s Business Daily: It’s Not An Option

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 won’t 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.

From the beginning, opponents of the public option plan have warned that if the government gets into the business of offering subsidized health insurance coverage, the private insurance market will wither. Drawn by a public option that will be 30% to 40% cheaper than their current premiums because taxpayers will be funding it, employers will gladly scrap their private plans and go with Washington’s coverage.

The nonpartisan Lewin Group estimated in April that 120 million or more Americans could lose their group coverage at work and end up in such a program. That would leave private carriers with 50 million or fewer customers. This could cause the market to, as Lewin Vice President John Sheils put it, “fizzle out altogether.”

What wasn’t known until now is that the bill itself will kill the market for private individual coverage by not letting any new policies be written after the public option becomes law.

IBD found this commie stinker in just 16 pages. What do you think might be hidden in the other 1000 pages?

Source Link to IBD

Oops, it’s too late!

(AP) – 3 hours ago

WASHINGTON — A second House committee has approved health care legislation that President Barack Obama is seeking.

The vote in the House Education and Labor Committee was 26-22. A few hours earlier, the Ways and Means Committee passed its portion of the bill.

Democrats are hoping to push the entire measure through the full House for a vote by the end of the month, but to do that, they still need approval in the Energy and Commerce Committee.

Republicans are methodically seeking to strip out many of the central provisions of the bill, but have been outvoted consistently.

READ IT AN WEEP. Go to page the bottom of page 15:

(a) GRANDFATHERED HEALTH INSURANCE COVERAGE DEFINED.—Subject to the succeeding provisions of this section, for purposes of establishing acceptable coverage under this division, the term ‘‘grandfathered health[Discussion Draft] insurance coverage’’ means individual health insurance coverage that is offered and in force and effect before the first day of Y1 (as defined in section 100(c)) if the following conditions are met:
(1) LIMITATION ON NEW ENROLLMENT.—
(A) IN GENERAL.—Except as provided in this paragraph, the individual health insurance issuer offering such coverage does not enroll any individual in such coverage if the effective date of coverage is on or after the first day of Y1.
(B) DEPENDENT COVERAGE PERMITTED.
Subparagraph (A) shall not affect the subsequent enrollment of a dependent of an individual who is covered as of such first day.

So, whoopty do, you can enroll your kids if they aren’t already in your plan. But you the citizen CAN NOT CHOOSE to join a different plan after this bill becomes law. Yeah baby, land of the free!!

Posted by Drew458     on 07/17/2009 at 12:20 PM   
Filed Under: • Commies • Democrats-Liberals-Moonbat Leftists • Obama, The One •  
• Comments (4) • Trackbacks(0)  Permalink •  

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