Wednesday, November 13, 2013

A Flood of very costly "Keep your old Policy" Bills to Tank ObamaCare.

There's a big problem with the "keep your current health care insurance" plans out there proposed by dishonest Republican partisans trying to kill ObamaCare, and adopted by Blue Dog knee jerk Democrats quick to jump ship once they have to defend actual Democratic platform issues.

What the Democratic Party needs is a purge of wimpy turncoats that run away the minute they have to defend a populist agenda favored by a majority of Americans. The real point is this; Republican plans to let people keep their old policies will raise the price of premiums, and that's okay with the GOP?
WonkBlog: The consensus seemed to be this: Yes, there are potential solutions. But they entail painful trade offs. And yes, it would be messy for the health care law.

"There's a lot of harm doing the things you might do," says Sara Lueck, a health policy analyst at the Center for Budget and Policy Priorities. "There's just so many potentially bad effects for the insurance exchanges."

What they would allow the issuer to do is carve up the risk pool based on healthy and sick," Corlette says. "Because the sicker people would be in the guaranteed issue market, over time you'd end up in the typical insurance death spiral." 
Here are a few clips explaining the problems tied in with the "keep your old plan" bills:



Ezra Klein wrote this great explanation:
The bill Landrieu is offering could really harm the law. It would mean millions of people who would've left the individual insurance market and gone to the exchanges will stay right where they are. Assuming those people skew younger, healthier, and richer -- and they do -- Obamacare's premiums will rise. Meanwhile, many people who could've gotten better insurance on the exchanges will stay in bad plans that will leave them bankrupt when they get sick.

"I think it would be a real substantive mistake to do the Landrieu bill," says MIT health economist Jon Gruber, a supporter of the Affordable Care Act.

Insurers would also freak out. "Some insurers would end up pulling out [of the exchanges] for 2014 because they would say their premiums are now inadequate, and the rules have changed," said Larry Levitt, vice president at the Kaiser Family Foundation. They'd be right, of course.
Here's another argument:



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