The federal government has been trying for years to get into the health insurance business. They have had a symbiotic relationship through the various entitlement programs like Medicaid and Medicare, but now with “Obama Care” the government can not only be in bed with the insurance industry, they can pull up the covers and put the alarm on “snooze”.
The Obama administration set this first major step towards Socialism in motion, by blowing this insurance carve-out through a partisan Democrat process with zero public input. Now that the “kool-aid” has been dispensed to an eager population of unhealthy, overweight, lazy and entitled public, caused by the same party’s failed economic policies, and now been consumed to the delight of the larger health insurers, in will be nearly impossible to be rid of.
Make no mistake, my friends, the only major beneficiaries of this Socialized medical insurance tax, will be those insurance companies that are large enough to monopolize the industry, with the help of the federal government of course. The “pre-existing condition” argument is too compelling to allow the industry to return to the private capital marketplace.
Since a majority of 60 votes is required to just flat out repeal the insurance tax, it probably will never happen. The only other hope is that a class action suit be brought before the Supreme Court for taxation without representation, and the law is overturned.
This could be done, though highly unlikely since the arguments have already been presented to the Supreme Court (two Liberal appointees of which had been previously put in place by the same partisan senate.)
Although healthy people are not represented by this law, they are being taxed. It would be far less expensive for the taxpayer, if those who claim to have these “pre-existing conditions” are given qualifying guidelines, and once met, be placed on the existing entitlement programs, and all others return to private insurance marketplace where they belong.
This would relieve insurers of the burden of both weeding out fraudulent claims and having to carry the liability of expensive claims of duration, drastically reducing the cost of health insurance. There are no other fixes to this monstrosity on the table, and as long as government has involvement in the process, it will find a way to make use of taxpayer funding in perpetuity.