Barack Obama: Insurers Who Don’t Make You Pay For Stuff You Don’t Want Are “Bad Apples”

By offering this explanation, Obama is basically admitting to all who listen to his words (though we can hope this is a declining number) that he lied through teeth and bone when he told people—repeatedly, loudly, and with accusations of deception against the people who tried to warn America—that if they liked their health plan they could keep their health plan.

In Boston yesterday, President Obama tried again to justify himself:

“One of the things health reform was designed to do was to help not only the uninsured but also the under-insured,” Obama said. “And there are a number of Americans, fewer than 5 percent of Americans, who’ve got cut-rate plans that don’t offer real financial protection in the event of a serious illness or an accident.

“Remember, before the Affordable Care Act, these bad apple insurers had free rein every single year to limit the care that you received or used minor pre-existing conditions to jack up your premiums or bill you into bankruptcy.”

This is nonsense. The point is that people should not be forced to pay for stuff they don’t want. Insurance companies didn’t see any way to make people pay for stuff they didn’t want. Obama can pretend he’s attacking insurance companies but he’s really attacking insurance consumers.

In a free market, when one company makes high profits by charging high prices, that signals to other insurance companies or to entrepreneurs that there is an opportunity to get those clients by offering them better service for a lower price. That would include the realization that “bundling” is not appreciated by consumers. They don’t want to have to pay for various things they will never use.

Besides, I am hearing plenty of complaints that the new policies never reach the point, if you have a serious health problem, of covering 100 percent of your treatment. It seems to me that it is Obamacare that can “bill you into bankruptcy.”

If consumers are so stupid that they can’t even choose the insurance they need, then how can democracy be justified? How are people too stupid to take care of themselves, so that they need politicians to save them, somehow wise enough to choose the right politicians?