Thursday, October 18, 2012

If You Like Your Health Insurance Plan . . .

It all sounded so warm and fuzzy 4 years ago. My how time flies.         

The folks in and around DC are going to find their options somewhat limited due to the closure of the private health insurance exchange.
The D.C. Health Benefits Exchange Board unanimously approved closure of the private insurance marketplace for both individuals and small businesses, requiring them to purchase health insurance through a city-run exchange.
IFAwebnews, "DC to close private health insurance exchange"

Government run health insurance. What could possibly go wrong?

While a D.C. board subcommittee called the closure “market consolidation,” small business owners called it a drastic and unnecessary change to the marketplace.
Market consolidation.

A monopoly is still a monopoly  by any other name . . .

So DC, how is this working for you?
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