Revise insurance rules or watch premiums 'skyrocket'

Monday, January 8, 2018
 | 
Chris Woodward (OneNewsNow.com)

Healthcare.gov 2017A public policy think tank is not celebrating about eliminating the so-called individual mandate because onerous regulations still exist.

Drew White of the Texas Public Policy Foundation (TPPF) says his group is not only interested in revised insurance regulations but the issue is still the top federal priority at TPPF.

"I think people will probably understand why that is the case after they get their notices in the mail that their premiums were going up again this past fall,” White says. “We anticipate that premiums will continue to skyrocket going into 2018 … and certainly coming this fall unless and until Congress does the right thing and repeals those federal insurance regulations.”

The tax reform bill that President Donald Trump recently signed did away with the individual mandate, or requirement that virtually everyone living legally in the United States have some form of health insurance or pay a tax penalty. While it was upheld by the U.S. Supreme Court, the individual mandate (and tax penalty) has been a four-letter word of sorts for people on the center-right.

White

"I want to stress emphatically that while the repeal of the individual mandate was good policy in a vacuum, it is not the end of Obamacare," White says. "Obamacare's core has always been those federal health insurance regulations that have been driving up people's premiums and deductibles. It basically forced insurance companies to treat every individual the same regardless of health status and regardless of the risk for health problems.”

White believes the current situation means that every consumer faces higher prices, and from TPPF’s perspective, it would be a huge mistake for Congress and/or the Trump administration to bail out the insurance companies.

"The thing that's been talked about a lot is the Alexander-Murray bill, where they talk about they're going to 'stabilize the insurance markets,’" he explains. "Well, they're not stabilizing the insurance markets. They're leaving the regulations in place, driving up our premiums, and instead of repealing those, they're reaching into our wallets, taking our tax dollars, and then handing them to big insurance companies to continue propping up Obamacare.”

TPPF thinks that is immoral, and certainly not conservative, and definitely not good public policy.

Consider Supporting Us?

The staff at Onenewsnow.com strives daily to bring you news from a biblical perspective. If you benefit from this platform and want others to know about it please consider a generous gift today.

MAKE A DONATION

Comments

We moderate all reader comments, usually within 24 hours of posting (longer on weekends). Please limit your comment to 300 words or less and ensure it addresses the article - NOT another reader's comments. Comments that contain a link (URL), an inordinate number of words in ALL CAPS, rude remarks directed at other readers, or profanity/vulgarity will not be approved. More details

SIGN UP FOR OUR DAILY NEWSBRIEF

SUBSCRIBE

VOTE IN OUR POLL

Do evangelical Millennials you know tend to lean more 'pro-life' or more 'pro-choice'?

CAST YOUR VOTE

GET PUSH NOTIFICATIONS

SUBSCRIBE

LATEST AP HEADLINES

Latest: Senate GOP plans a vote aimed at ending shutdown
Dems, GOP try to dodge blame for shuttered gov't
US marches for women's rights slam Trump, encourage voting
Latest: Dems, Republicans feud over shutdown blame
Pope: Femicides in Latin America a scourge that must stop
Tens of thousands stage anti-corruption protest in Romania
Congressman denies misconduct claim; ethics probe may follow
Pence Middle East trip begins in Egypt, talks terrorism
Gov't shutdown begins and so does the finger-pointing

LATEST FROM THE WEB

McConnell promises vote on ending shutdown by 1 a.m. Monday
GOP, Dems show no sign of retreat on shutdown's 1st day
White House's Marc Short: Dems 'conducting a 2-year-old temper tantrum' with shutdown
'Everything is at stake': Celebrities join women's marches in L.A., NYC, Sundance
US special forces spent three weeks testing border wall prototypes — the results couldn't be better

CARTOON OF THE DAY

Cartoon of the Day
NEXT STORY
Trump: Shutdown is Dems' revenge; 56% say DACA not worth it

Donald Trump 1President Donald Trump is crediting what he considers stubborn and vengeful Democrats with the government shutdown that began at midnight Saturday morning – and 56 percent of Americans agree that Dreamers’ amnesty is not worth shutting down Washington.