BrianGarst.com

A massive, 1,000 page health care bill is  currently on a collision course with the US economy.  A couple days ago, IBD reported on a provision that purported to ban private insurers by limiting their ability to take on new enrollees.  This reporting was not entirely accurate.  You’ll be happy to know that the provision in question only applies to insurers who don’t want to meet a web of government rules and regulations.  Feel better?

Yeah.  Me neither.

We cannot count on government officials to set guidelines that are in the consumers best interest rather than their own.  The outcome feared by IBD is still quite likely to occur.  All the government has to do is set the rules in such a way as to make compliance unprofitable, leaving only the taxpayer subsidized government plan capable of staying afloat. That’s how you create a de facto ban without explicitly banning private insurance.