Also note the last portion of the sentence “and there shall be no penalty or fine imposed upon any such issuer for choosing not to participate in such programs.”
Why would they restrict the Fed gov’s ability to fine issuers of insurance alone if it was meant to protect individuals buying insurance (not issuers)?
I’m pretty sure that issurers participate in the exchange, and individuals purchase insurance from the exchange or through other means as they see fit - this doesn’t apply to the individual mandate to have a minimum federally approved level of coverage to avoid the individual mandate penalty/tax.
“Why would they restrict the Fed gov’s ability to fine issuers of insurance alone if it was meant to protect individuals buying insurance (not issuers)?”
because, they needed to get the buyin from big insurance companies to get their backing and money to lobby for ACA’s passage? do you believe that this administration was actually concerned about protecting the average jane or joe when crafting this monstrosity? i’m not so sure.