Massachusetts, with what is essentially it’s own ObamaCare program, has started to ration health insurance. Surely that wasn’t Governor Patrick’s intent when he rejected the insurance companies’ request for premium increases. Like all politicians, he just wanted to get re-elected, and being tough on insurance companies is a very popular stance among Democrats these days.
Nevertheless, rationing is precisely what the outcome has been. The insurance companies did what any business does when faced with a money-losing product: they declined to sell any more of that money-losing product. As a result you can’t buy health insurance in Massachusetts, even though it is against the law not to! Ain’t that a catch-22?
The governor thought that by standing up to the greedy insurance companies he could portray himself as a hero in the fight against the high cost of health insurance. This is an awfully thin argument, considering that three of the four largest insurers in Mass are non-profits, as noted by the Wall Street Journal in a recent article.
Those high costs, I might add, were imposed by the state on its residents when it mandated coverage for all, instituted community rating and eliminated the insurance companies’ ability to refuse coverage to people with preexisting conditions. I’m sure it came as quite a shock to him that his savvy political skills had instead of making insurance more affordable to his constituents made it unobtainable.
Posted by John Ray (M.A.; Ph.D.). For a daily critique of Leftist activities, see DISSECTING LEFTISM. To keep up with attacks on free speech see TONGUE-TIED. Also, don't forget your daily roundup of pro-environment but anti-Greenie news and commentary at GREENIE WATCH . Email me here