Tuesday, September 21, 2010

Who'd Have Thunk? The Latest Casualty of Obamacare


Health insurance companies will no longer offer child-only policies.
Obamacare insists that health insurance companies agree to offer high-risk insurance at lower rates.
Well, business just can't run that way. They must either discontinue that service or go out of business.
Child-only policies are for those children who are really, really sick, which is only a tiny majority of youngsters. If you can't charge for pre-existing conditions---well, you go bankrupt really fast.
http://hotair.com/archives/2010/09/21/insurers-to-drop-child-only-plans/
http://www.washingtonpost.com/wp-dyn/content/article/2010/09/20/AR2010092006665.html

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