As the timetable churns onward, health insurance companies have been adjusting their benefits -- and rates -- in an attempt to comply with the Congressional mandate* and HHS Secretary Kathleen Sebelius will have none of it. "There will be zero tolerance," she fumed in a letter to an industry lobbing group, "for this type of misinformation and unjustified rate increases." Michael Barone has more. From (supposedly) good intentions to unveiled threats, just that fast. (And what's Ms. Sebelius' business background to know what constitutes an unjustified rate increase? Exactly zero! This doesn't keep party hacks from piling on, of course.)
More here, with further links. It all reads like a lost chapter from Atlas Shrugs. Welcome to the Randian Years.
* You will note I still haven't said "Obamacare." Yeah, the administration pushed it, but Congress could've said no. Could've gutted it and let insurance companies sell across state lines. Instead they made a big mess even bigger. Mr. Obama & Co. gave 'em the dynamite, but Congress set us up the bomb.
BUILDING A 1:1 BALUN
2 years ago