Then there are mandates ObamaCare places on insurance plans. For example, Blase writes, “No insurance plan can now limit lifetime benefits, and group plans cannot have annual benefit limits.” The all-too-predictable result? Significantly higher premiums. According to Regence BlueCross BlueShield of Oregon, 3.4 percentage points of its recent 17.1 percent rate increase is due to ObamaCare. Celtic Insurance Company in Wisconsin and North Carolina blames the law for half of its 18 percent rate increase.
And this is only the beginning. Many more regulations are to come. Yet even administration officials, at this early date, can’t keep up with it all. They’ve issued more than 1,000 waivers to exempt companies trying their best to cooperate with this legislative octopus.
As I’ve pointed out before, fixing the law isn’t an option. Market-based health care reform simply can’t be reconciled with ObamaCare, which is a massive system of central planning. We need health care reform, to be sure, but it needs to be based on personal choice and free markets.
That can’t be done until members of Congress swallow what some may find to be a bitter pill: Repeal ObamaCare. If not, next year’s diagnosis is sure to be worse.
Pizza Industry Vows to Continue Fight Against Obamacare’s Onerous Menu Labeling Regulation | Leah Barkoukis