Obama’s Humpty Dumpty fix: Health insurance market should put itself back together again

Humpty Dumpty sat on a wall,Humpty Dumpty had a great fall.All the king’s horses and all the king’s menCouldn’t put Humpty together again

Barack Obama just announced a “fix” for the private individual health insurance market broken by Obamacare.

After an estimated 5 million and growing policies were cancelled due to Obamacare, Obama said “never mind” and told insurance companies to just keep selling the cancelled policies.

“Insurers can extend plans” into 2014. (Transcipt here.)

This does nothing to fix the problem, which is a war on plans people like but the Obama administration dislikes.

Democrats — alone and over vigorous objections from Republicans — broke the individual health care insurance market. It can’t just be put back together again under Obamacare.

Not only that, but Obamas is doing this unilaterally as an administrative matter, without changing the law. So much for Democrats objections to prior proposals from Republicans that Obamacare was “settled law.”




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Tags: Obamacare

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