Friday, July 17, 2009

Healthcare Update - Private Health Insurance Outlawed

Investor's Business Daily had a hard hitting editorial on the Obama health care plan passed by the House of Representatives. How many of you have heard President Obama say, "Hey, if you like your plan, if you like your doctor, you'll get to keep it"? Well it didn't take long to find the catch. On Page 16, there is a provision making individual private medical insurance illegal. 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 if this bill becomes law this year, effective January 1, 2010, nobody in the insurance business can offer anybody and you can't buy private medical insurance. "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." You will have to go to the public option. "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." And you don't need to be an expert to understand this.

"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." We also know this. We know that many companies are looking very forward to off-loading their health care expenses to the government. "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.

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. The legislation is also likely to finish off health savings accounts." The reason the left wants health savings accounts dead is because you have control.

Obama and his brownshirts want to get rid of HSA's, and it's in the legislation. Democrats have wanted to get rid of health savings accounts for years. They want to get rid of that because nothing gives individuals more control over their Medicare and the government less than health savings accounts. It took Investor's Business Daily just 16 pages of reading the health care bill, over a thousand pages, to find this naked attempt by the political powers to increase their reach. So that's page 16, and they wonder what other horrors await us as they read the additional 1,002 pages. So the day this private option becomes law nobody can buy and nobody can sell individual, private coverage.

So the way to compete with private carriers is to put them out of business. Pollowing the Alinsky premise, don't level the playing field, clear the playing field. It's a horror story. It really is. This is why they're trying to push this through, because they know their agents in the Matrix are not gonna report this to you. This is not going to be told.

US Rep. Mike Ross, D-Ark., a leader of fiscally conservative House Democrats, said Wednesday a House plan to overhaul the US health-care system is losing support and will be stuck in committee without changes. 'Last time I checked, it takes seven Democrats to stop a bill in the Energy and Commerce Committee,' Ross told reporters after a House vote. 'We had seven against it last Friday; we have 10 today.' Three House committees are slated to begin considering the $1 trillion-plus bill this week, but the Energy and Commerce looms as the biggest challenge. That's because it counts among its 36 Democratic members seven members of the Blue Dog Coalition," conservative Democrats that are opposing House Democrats' efforts in general on health care.

Mike Ross said that the bill doesn't include provisions adequate to curb rising health care costs including what the government spends on health care. So he says that his committee has the votes to block it. He needs to be supported to hold the line against the upcoming pressure from Pelosi, Emanuel, and Obama.

There's a chart in the New York Post on the tax rates and what it's gonna cost various income levels in New York City where the top rate will go to 58%. And somebody at $80,000 a year in New York City will pay an effective 36% of their income in taxes. Posting that New York Post chart, this is what the RNC ought to be doing. Michael Steele ought to get busy getting some people to go to every major city and put this chart out and get it out in every city, what Obama health care is going to cost you, family of four, this income group, this income level. The numbers are what people will understand. How much it's going to cost them above and beyond what everything costs them now. 77% of the American people are happy with their health care. When they find out how much this reform is going to cost them, this bill could be killed.

The bottom line is King Hussein and the Democrats want socialized health care. This legislation proves they're willing to implement it incrementally, like the rest of their agenda over the past 80 years.

Investor's Business Daily: Under Dem Plan, the Public Option is the Only Option
New York Post: Dems Health RX a Poison Pill In NY. Terrifying 57% Tax Looms for Biggest Earners
DowJones: Centrist Dem Leader: Has Committee Votes To Block Health Bill
Heritage Foundation: The True Cost of the House Health Plan in Pictures

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