Linky Thing: Text of "America's Affordable Health Choices Act of 2009"
It states:
IN GENERAL- 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 Y1.
From a comment on the site, :
stating that the this reference is to the requirement that private insurers will be required to participate in a Health Insurance Exchange or they cannot write new policies.
Quoting from the link:
So what is the Health Insurance Exchange that new plans will have to participate in? You can read about it in the bill here, or in the committee summary:
The new Health Insurance Exchange creates a transparent and functional marketplace for individuals and small employers to comparison shop among private and public insurers. It works with state insurance departments to set and enforce insurance reforms and consumer protections, facilitates enrollment, and administers affordability credits to help low- and middle-income individuals and families purchase insurance. Over time, the Exchange will be opened to additional employers as another choice for covering their employees. States may opt to operate the Exchange in lieu of the national Exchange provided they follow the federal rules.
According to the bill text, the Exchange will be made available to the public through a telephone hotline and a website, which, the bill stipulates, must be written in plain text.
And, from Instapundit, here:
Investors Business Daily did not continue to read the bill to page 19. Individual health insurance coverage that is not grandfathered health insurance coverage under subsection (a) may only be offered on or after the first day of Y1 as an Exchange-participating health benefits plan. It does not outlaw individual private coverage you can still buy the plan on the Exchange where they will compete with the public option, not be replaced by it.
http://www.verumserum.com/?p=5660
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Riiiight...and private companies will be able to compete on this 'Exchange' with the 'public option' how exactly? The government doesn't have to show a profit...look at Amtrak and the USPS.
At the end of the day, private insurance companies will have fewer and fewer participants...until...poof...they're out of business.
WND AS USUAL....IS WRONG.
This is a terrible bill, but let’s not attack it with lies.
Any time a bill says “except as provided....” it is generally a good idea to see WHAT the conditions are...not ignore it and act like it bans something when it doesn’t.
This does NOT outlaw private insurance.
It only requires private companies offering it to individuals to participate in the exchange program. Even so, it only applies to individual plans, not family ones.
I really don’t see what’s so objectionable about this particular section.
The idea of a government plan is terrible, and that’s what we need to be attacking.