March 22, 2011
Excellent article about the Health Insurance Exchanges.
Read it, then read about the Oklahoma Health Care Exchanges and other federal Health Care Reform measures being implemented;
States Should Not Set Up Health Insurance Exchanges (as required by ObamaCare)
March 13, 2011
By: Tamzin A. Rosenwasser, M.D.,
While the supposed purpose of an exchange is to help consumers find the health insurance product that best meets their needs, such a product is not likely to be found there. Rather, the exchange will just offer a limited line of government-approved products—rather like a store that sells only various sizes of blue pajama-like garments in a totalitarian state.
The ObamaCare bill requires states to satisfy the Federal government that they are setting up these exchanges by 2013, or the Federal government will force the state to use a national exchange, created and run by the Federal government. In either case, insurance companies will be companies in name only, their directors, pawns of the government. A name for that type of arrangement is Fascism.
Regardless of which entity sets up the exchange, the Department of Health and Human Services is given power to determine minimum requirements for medical services of all kinds, including the people who provide the services, as well as what the patient pays. The head of the National Association of Insurance Commissioners task force on exchanges has called for banning the sale of individual insurance policies, possibly because these exchanges bring new complexities of security, integration, processing, updating and verifying information concerning eligibility, income, billing, and exemptions, among companies, states and state agencies, the IRS, Department of Health and Human Services, and the Social Security Administration, just to name some of the complexities.
Eligibility for ObamaCare’s health insurance subsidies depends on income, so there will be an intrusive verification of income, family size, smoking status, and so on.
The exchanges themselves cost tax money to set up, but the bill requires them to be self-sustaining. Since the bill mandates requirements that many companies and customers will likely find distasteful, the exchanges embody a fundamental instability, which nothing but force can resolve.
If ObamaCare persists, exchanges will be bureaucratic nightmares. If it is repealed or declared unconstitutional by the U.S. Supreme Court, states that set up exchanges will just have wasted time, money, and effort.