Sunday, July 19, 2009

IBD: Congress' New Health Plan Makes Private Insurance Illegal

We have been warning for quite some time that then-candidate Barack Obama's plan to re-engineer Amierca's health care system would lead us into full-blown socialized medicine. Well, we hate to say 'we told you so', but we were right.

Investor's Business Daily has found the page within the 1,018-page Congressional bill that outlaws you from buying private health insurance--and it's right on page 16.

When we first saw the paragraph Tuesday, just after the 1,018-page document was released, we thought we surely must be misreading it. So we sought help from the House Ways and Means Committee.

It turns out we were right: The provision would indeed outlaw individual private coverage. Under the Orwellian header of "Protecting The Choice To Keep Current Coverage," the "Limitation On New Enrollment" section of the bill clearly 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.

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.

To read the entire piece, go here.

As we've said all along, like it or not, socialized medicine is in the works.

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