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Jul 9, 2009
He, or she, would have enormous powers, including:
- The power to decide who qualifies for federal subsidies to help buy coverage.
- Set benefits for all plans participating in the health insurance exchange.
- Determine the time table for allowing businesses of different sizes to send their employees to the exchange.
3 Responses to “House Bill Would Create an Insurance Czar”
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Helium
July 9th, 2009 at 1:27 pm
Exactly what we need. More concentration of power in Washington.
July 9th, 2009 at 4:05 pm
I have a bad feeling about all this.
July 9th, 2009 at 5:30 pm
Like the Czars of Imperial Russia, a federal Insurance Czar would reduce the people to health-care serfdom.
Health insurance is already over-regulated by 50 state insurance commissioners, who should limit themselves to policing good-faith processing of claims and fiscal solvency.
Instead, they enforce complex codes of mandated benefits that hinder innovation and prevent insurers from developing policies that families and businesses would prefer. Laying another federal bureaucracy on top of this increases government power, but not choice.