Posted on 09/21/2009 4:56:37 PM PDT by Mike Rarey
For those people out there that still think Obama’s promise that the Healthcare bill, known as HR 3200, will not close down private insurance companies, please allow me to offer another piece of the puzzle. In spite of the President’s protestations of the opposite, we know that a public option will eventually erode away all other insurance options because they cannot compete with it. Not because it will be run more efficiently than the private sector can manage, but because they can’t go into debt and survive, whereas the public option will always get bailed out with taxpayer money. But that may take more time than Obama and his Marxist friends are willing to wait.
Obama has repeatedly cried foul when anyone dares to opine that private insurance will go away. In the now famous words of Rep. Joe Wilson, Mr. President, “You lie”! Obama’s carefully worded explanation is that nothing in the bill requires you to give up the insurance you currently have. While that statement is technically correct, it doesn’t mean private insurance will not be forced to give up covering you.
Here’s what HR 3200 says about “grandfathered” insurance plans under the proposed healthcare plan:
SEC. 102. PROTECTING THE CHOICE TO KEEP CURRENT COVERAGE. (a) GRANDFATHERED HEALTH INSURANCE COVERAGE DEFINED.—Subject to the succeeding provisions of this section, for purposes of establishing acceptable coverage under this division, the term ‘‘grandfathered health insurance coverage’’ means individual health insurance coverage that is offered and in force and effect before the first day of Y1 if the following conditions are met:
(1) LIMITATION ON NEW ENROLLMENT.— (A) 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.
(B) DEPENDENT COVERAGE PERMITTED.—Subparagraph (A) shall not affect the subsequent enrollment of a dependent of an individual who is covered as of such first day.
(2) LIMITATION ON CHANGES IN TERMS OR CONDITIONS.—Subject to paragraph (3) and except as required by law, the issuer does not change any of its terms or conditions, including benefits and cost-sharing, from those in effect as of the day before the first day of Y1.
(Source for HR 3200) http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_cong_bills&docid=f:h3200ih.txt.pdf
What this means is that in order for someone to keep their current insurance, the policy must be in force as of the first day of this bill going into effect. No one else seeking health insurance after day one will be able to do this. They have to go with either the government option or a “private” option approved by the government.
As you can clearly see, those who are able to keep their prior insurance plan can only do so as long as the costs don’t change. So as long as the private insurance companies can continue paying the healthcare costs without raising the rates, everything is good. But those companies can’t bring in new clients to help cover any increases in the costs of business. So in reality their days are numbered from the beginning.
As I stated previously, Obama and his henchmen aren’t going to wait for this attrition to occur at its own pace. Enter the Healthcare taxes. Separate from the taxes the government will add to business and individuals to pay for this socialistic nightmare, they’re going to place taxes upon the insurance companies. Normally, in order to survive, companies pass these taxes on to the consumer. However, under this scheme, if they do that, then they lose the ability to do business because they will have violated the terms of being grandfathered in. They’re damned if they do, damned if they don’t.
This is Obama’s way of ensuring that health insurance becomes a government owned and operated business. If this is not Socialism, what is?
“As seen on TV” so it must be true. They use that slogan on soap flake boxes to sell you stuff ... Because you are supposed to think the medium validates the message.
Obama lies, as seen on TV. Must be true right?
Nice explanation
I thought this thread was going to be about MICHELLE OBAMA’s Insurance fraud that got her disbarred.
You got it. If he was an insurance agent he would be arrested and prosecuted.
The only possible way that a private insurance company could compete is on the basis of quality- they can’t do it on a price basis, with the rules that are being presented in this bill.
If an insurer could sign on high quality providers to take their insurance exclusively- then they’d have something to offer employers and other insurance purchasers.
Oh - is that what happened? I knew she no longer had a license to practice law but didn’t know why.
ATTORNEY’S REGISTRATION AND PUBLIC DISCIPLINARY RECORD FOR MICHELLE ROBINSON
https://www.iardc.org/ldetail.asp?id=232486129
Now, there are other amendments being offered and the final version of what will be voted on is not completely know. But we do know that the Democrat Ledership and the White Haus (spelling intended) are refusing to let the final version be posted for people to read, or to let the CBO analyze the costs, before the bill is voted on. Hell, they're even trying to shut up dissenting opinions from the private sector!
So much for transparency. President Obama has lied so frequently, I have a hard time trusting his word on anything.
you remember the boxes in the grocery store with the label “as seen on TV” so it must mean something about Obama. He doens’ have to make sense, he dones’t have to be truthful, all he has to do is ‘show up on TV’ so it must be true.
I agree, having read the whole HR3200 ... But I was making a joke of Obama on TV, all he has to do is show up and it must be true what he says.
We all know Obama lies, about near everything.
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