Sunday, November 17, 2013

Protection racket

I don't remember where I found the link to the ThinkProgress post entitled Republicans Reject Obamacare ‘Fix’ Because It Includes Too Many Consumer Protections, and I am certainly not going to risk sending them any traffic by providing it here. Still, the hypocrisy should be noted for its humor. The post castigates House Republicans for rejecting a Democrat bill that allowed insurance companies to provide consumers with the plans Obama promised them they could keep.

The Democrat version differed from the bill the Republicans (along with 39 Democrats) did pass in that the Democrat version:

1- Did not allow new policyholders to buy the plans
2- Mandated that insurers notify policyholders of exchange options
3- Mandated that existing rate review processes apply to renewed plans

In other words, it put further burdens on insurance companies - making it unlikely they could even offer the plans in the new few weeks. Both "fixes" allow the plans to be sold and, therefore, equally violate consumer protection by offering the plans the Democrats call "substandard" "junk."

There is a more humorous aspect, however. The consumer protection laws ThinkProgress finds so important absolutely prohibit false advertising and fraud. Those are crimes the President committed when he repeatedly lied about Obamacare. What consumers need is protection from the President.

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