10/12/2017

Dems Want To 'Save' ObamaCare By Closing All The Exits

Investor’s Business Daily

Health Reform: President Trump may have found an ingenious way to inject more choice and competition into the insurance market, and offer affordable coverage to millions, with the stroke of his pen. No wonder the left is freaking out.

According to multiple news accounts, Trump is expected to sign an executive order as early as this Thursday that, among other things, would make it easier to join "association health plans."

These plans let small businesses and individuals band together to buy large-group coverage, and like plans offered by multistate businesses, these association health plans would be exempt from state regulations, as well as from ObamaCare's burdensome mandates. They could also be sold across state lines.

Association health plans aren't a new concept. They exist today, but their ability to expand is severely limited by state and federal regulations. In theory, lifting some of these regulations would allow greater access to low-cost alternatives to overpriced, over-regulated ObamaCare plans.

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In Search Of History

4,000 Years Of Price Control

Tablets, said to be 200 years older than the Babylonian Code of Hammurabi ... show that the ancient kingdom of Eshnunna had wage control and price control. The news ought not to have come as a surprise. For the code of Hammurabi itself (unearthed in 1902), which was promulgated earlier than 2000 B.C., fixed prices, wages, interest rates, and fees. This makes price control at least about 4,000 years old. ...

 

Ironically, it is those who now wish to return to this ancient totalitarian device who are fondest of calling themselves “progressives.” They are also fond of saying that those who believe in economic liberty “are living in the nineteenth century.” These controlists have yet to learn that they themselves are still living, as the discoveries in Babylonia attest, in the nineteenth century—B.C.!

-- Henry Hazlitt,

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    FreeMarket Central Shadow Stats: 21.5%
  • Inflation:
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    FreeMarket Central Shadow Stats: 9.9%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]

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