The Washington Post reports:
Some of the country’s most prominent health insurance companies have decided to stop offering new child-only plans, rather than comply with rules in the new health-care law that will require such plans to start accepting children with preexisting medical conditions after Sept. 23.
Who ever could have predicted such a thing?
The usual suspects are, of course, outraged that companies are pulling out of a sector that the government has made into a money-losing proposition:
“We’re just days away from a new era when insurance companies must stop denying coverage to kids just because they are sick, and now some of the biggest changed their minds,” Ethan Rome, executive director of Health Care for America Now, an advocacy group, said in a statement. “[It] is immoral, and to blame their appalling behavior on the new law is patently dishonest.”
I always find it amusing when the left is deeply offended at its inability to repeal the laws of economics.
BONUS: Even from a leftist viewpoint, in what sense is it “patently dishonest”? Rome himself, in the very same statement, acknowledges the reason for the company’s decision, even as he deplores it. So how are the insurance companies being dishonest? It seems that the health-care-nationalization crowd is so used to calling their opponents dishonest that they don’t even notice when it makes no logical sense.
(Via Instapundit.)
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