Tuesday, July 21, 2009

Would You Buy Health Insurance From This Man?

An unscripted moment caught Mr. Fixit flat footed when he had no idea about details of the Pelosi Health Care Plan.
With the public’s trust in his handling of health care tanking (50%-44% of Americans disapprove), the White House has launched a new phase of its strategy designed to pass Obamacare: all Obama, all the time. As part of that effort, Obama hosted a conference call with leftist bloggers urging them to pressure Congress to pass his health plan as soon as possible.

During the call, a blogger from Maine said he kept running into an Investors Business Daily article that claimed Section 102 of the House health legislation would outlaw private insurance. He asked: “Is this true? Will people be able to keep their insurance and will insurers be able to write new policies even though H.R. 3200 is passed?” President Obama replied: “You know, I have to say that I am not familiar with the provision you are talking about.”
Not familiar.

Is he bluffing, or is he really that out of touch?

Either way, it's pretty scary.
This is a truly disturbing admission by the President, especially considering that later in the call, Obama promises yet again: “If you have health insurance, and you like it, and you have a doctor that you like, then you can keep it. Period.” How can Obama keep making this promise if he is not familiar with the health legislation that is being written in Congress? Details matter.
This is kind of like saying he didn't know the Pope was Catholic.

Maybe someone needs to slip information about the details of the Pelosi Plan to TOTUS.
The House bill does allow private insurance to be sold, but only “Exchange-participating health benefits plans.” In order to qualify as an ?Exchange-participating health benefits plan,? all health insurance plans must conform to a slew of new regulations, including community rating and guaranteed issue. These will all send the cost of private individual health insurance skyrocketing. Furthermore, all these new regulations would not apply just to individual insurance plans, but to all insurance plans. So the House bill will also drive up the cost of your existing employer coverage as well. Until, of course, it becomes so expensive that your company makes the perfectly economical decision to dump you into the government plan.
Yep, the cost of health insurance will INCREASE, not decrease. Skyrocket is putting it mildly.
President Obama may not care to study how many people will lose their current health insurance if his plan becomes law, but like most Americans, we do. That is why we partnered with the Lewin Group to study how many Americans would be forced into the government “option” under the House health plan. Here is what we found:

Approximately 103 million people would be covered under the new public plan and, as a consequence, about 83.4 million people would lose their private insurance. This would represent a 48.4 percent reduction in the number of people with private coverage.

About 88.1 million workers would see their current private, employer-sponsored health plan go away and would be shifted to the public plan.

Yearly premiums for the typical American with private coverage could go up by as much as $460 per privately-insured person, as a result of increased cost-shifting stemming from a public plan modeled on Medicare.
Smaller cars, bigger health insurance, Poppa Washington.
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