November 17, 2013 If You Like Your Insurance, You Can Rent It... Maybe By C. Edmund Wright
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Alas, this escape was only temporary, as we all now live in a country where the industry is being seized by a president who remains totally oblivious to its realities. Yet he insists on occupying the position as grand poobah CEO of all of it, and ruling by edict. And his epic "fix" can be translated this way:
If you like your coverage, you can rent it. Maybe.
There are so many problems with what he said, it's hard to know where to start -- so let's start with the absurdity of a one-year fix. That's no fix. Even terminal cancer caregivers score being "fixed" in terms of a five-year survival. Besides, Obama's 29 public pronouncements that you can "keep your insurance" were never mitigated with a "sell by" date. He hasn't fixed Obamacare, and in fact, he hasn't even fixed his "incorrect promise" by this. That promise depends, I guess, on what the meaning of "period" is. . . . . It's too bad that understanding what the hell you are doing was not a pre-existing condition for anyone who helped design this train wreck! As Brit Hume famously tweeted, Obamacare is not insuring the uninsured, it's uninsuring the insured. Perhaps Brit would have contemplated this preordained consequence back when he was championing Justice Robert's Obamacare decision, but that's another column.
But beyond that, let's consider just a bit of human nature. Any one-year only insurance agreement -- with no chance of extension -- is just an invitation for customers to try and screw their insurer -- and for insurers to play hardball. Why not? No one washes a rental car, and no one paints a rental house. There is zero incentive for customers to keep costs down or for companies to pay grey-area claims. Only the dynamic of long-term free market relationships bring about such motivations. . . . . Let me quote my good friend Mark Levin on high-minded liberals who know what's good for us: "Utopians always misapprehend human nature." Let me put that in terms that Ed and Debbie Wasserman Schultz -- of the Sergeant Schultzes -- can understand: You liberals KNOW NUHH-think! . . . . "