Posted on 05/27/2014 2:23:44 PM PDT by lowbridge
Senate Minority Leader Mitch McConnell (R-Ky.) is suggesting that Kentucky's health insurance exchange could survive repeal of ObamaCare, the law that created the marketplace.
In a statement, McConnell campaign spokeswoman Allison Moore said Kentucky should "decide for itself whether to keep" the exchange "or set up a different marketplace" if the healthcare law is repealed.
The comment follows criticism of McConnell last week for arguing that Kentucky's exchange, known as Kynect, is not connected to the Affordable Care Act.
The healthcare law created a system of exchanges, including Kynect, where consumers in each state can purchase coverage, often while receiving assistance from the government.
(Excerpt) Read more at thehill.com ...
Quite frankly, I could care less the fallout ... I hope he loses to Grimes.
Not one dime’s worth of difference.
States can set up exchanges, if that’s what their citizens want, and will support, politically. There is nothing unconstitutional about that; nationally, it’s another story.
One doesn't have to go thru one of the exchanges to purchase an Obamacare policy. One can purchase an Obamacare policy directly, through an insurance agent/agency.
However, if one purchases an Obamacare policy from a private seller, there is no provision for calculating or collecting a government subsidy on the cost of the premium!
Thus, McConnell's purpose in preserving the exchanges would be to retain a mechanism for distributing a government subsidy.
THE EXCHANGES NEED TO GO!
Now now, you know good old Mitch is a more reliable liberal than Grimes would ever be. I await all the hope Party boys arrival in this thread to defend the last great “conservative” hope for Kentucky, the hope and their Amerika...
Exchanges aren’t the problem, dictating the product that can be sold on the exchanges is the problem.
Repealing regulations so that private companies can set up exchanges where they could offer a range of insurance products that could be sold across state lines would be an excellent free-market solution to the problem of portability.
Just because the democrats wrapped their stupid law with some good paper doesn’t mean we need to throw out the paper.
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