…the President’s “fix” were to throw the entire insurance market into complete chaos?:
The debacle threatens to swamp Obama’s entire second-term agenda, raising questions about his competency and credibility. Polls released this week show the president’s job-approval rating at a historic low and a majority of voters saying, for the first time, that he isn’t trustworthy.
“A White House interested in stabilizing this presidency would want to leave no stone unturned in the effort to deal with both those problems,” said William Galston, a former policy adviser to President Bill Clinton who’s a senior fellow at the Brookings Institution, a center-left policy research center…Insurance companies already have devised plans for next year, received the necessary approval from states and begun to sell policies. They aren’t required to continue to offer their existing policies and state insurance commissioners aren’t required to approve those 2013 plans.“Changing the rules after health plans have already met the requirements of the law could destabilize the market and result in higher premiums for consumers,” Karen Ignagni, the president and CEO of America’s Health Insurance Plans, which represents the industry.
What was it that Kevin Williamson said? Politics are the worst possible way to allocate resources?
Leave a Reply
You must be logged in to post a comment.