Can anyone explain what this “ health insurance exchange” is supposed to do? Thanks.
The health insurance exchange is an organized marketplace for the purchase of health insurance set up as a governmental or quasi-governmental entity to “help” (mandate) insurers comply with consumer protections, compete in cost-efficient ways, and to facilitate the expansion of insurance coverage to more people. The exchange would contract with private insurers and possibly (read, WILL) offer a public plan option to cover specified populations (such as those obtaining coverage through small employers and those without employer coverage). Translation: it allows government to force insurers to insure illegal immigrants, driving the cost up for the rest of us!!!!