The Investor’s Business Daily reports, after reading the recent healthcare bill released on Tuesday, that one of the bill’s provisions would outlaw individual private coverage. As quoted in the IDB editorial, the bill states:
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 the year the legislation becomes law].
As the IDB editorial translates:
So we can all keep our coverage, just as promised – with, of course, exceptions: Those who currently have private individual coverage won’t be able to change it. Nor will those who leave a company to work for themselves be free to buy individual plans from private carriers.
What wasn’t known until now is that the bill itself will kill the market for private individual coverage by not letting any new policies be written after the public option becomes law.
In conclusion,
The public option won’t be an option for many, but rather a mandate for buying government care. A free people should be outraged at this advance of soft tyranny.
We certainly are!