Eagle Forum Legislative Alerts

Wednesday, May 08, 2013

ObamaCare Exchanges Delayed a Year

President Obama has broken another promise. In order to pass ObamaCare, he promised that state-level exchanges would allow small businesses to provide healthcare choices at affordable prices. Businesses with fewer than 100 employees were supposed to be able to pool risks with other businesses, and thereby provide employees with quality choices, like those available at larger companies. Now the Obama administration has broken that promise. State-level exchanges for small businesses will be delayed by a year, to 2015. But the Obama administration is not just breaking a promise; it is also breaking the very law it championed. ObamaCare expressly stipulates that the exchanges must be established "not later than January 1, 2014." Without this provision, ObamaCare would probably have been defeated. We know that the promise of exchanges secured at least one Senator's vote, and if Democrats had lost one vote, the motion to advance ObamaCare to a Senate vote would have failed. The vote in the House was also very close and would likely have failed without the promise of the exchanges.

The state exchanges were supposed to improve the risk-pooling that is a necessary part of health insurance. Without state exchanges, ObamaCare cannot even pretend to improve insurance; it simply redistributes. ObamaCare limits the healthcare premiums of the elderly to three times that of the young, while the actual cost of healthcare for the elderly may be six times as large. This is not insurance or pooled risk; it is redistribution of money.

We all know that Congressmen failed to read the ObamaCare bill before they passed it. Nancy Pelosi said, "we have to pass the bill so you can find out what is in it." Now that the Obama administration finally knows what's in the law, it is ignoring the law. It is time for Congress to repeal ObamaCare.

Listen to the radio commentary here:

No comments:

Post a Comment

Keep comments short. Long comments will be deleted.