Monday, October 28, 2013

The wrecking ball of Obamacare

From the editors of National Review Online:

So far the part of the Obamacare rollout that is going most smoothly and affecting the most people is the cancellation of current insurance polices. In states around the country, hundreds of thousands of people are getting notices from insurers that their plans are no longer allowed by the law. All told, 16 million people may be dumped from their policies, in flagrant contradiction of President Obama’s famous promise that you can keep your health plan if you like it.

When and if the website is finally functioning, many of these people won’t like what they see. In contradiction of another famous Obama promise, they will be charged more for their insurance to subsidize the costs of other people on the exchanges. For millions of Americans, Obamacare will be an experience in plumbing the depths of the dishonesty of President Obama’s case for his signature domestic accomplishment.

Ultimately, the only way to allow people to keep (and buy) the insurance they want is to repeal the law and foster a true market in health insurance. Until then, the wrecking ball of Obamacare swings.

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