The urge of government health care bureaucrats to impose their will on the market, regardless of warnings and repeated petitioning for redress for relief, overpowered petitions in the latest medical loss ratio (MLR) rule by HHS.
The result of the new rule will mean one thing: no bronze plans, at all, in the ObamaCare exchanges. (Bronze plans are the low cost plan that ObamaCare envisioned in their exchanges.)
The future of the exchanges is clear — it will be populated with expensive plans for the less healthy. The healthy will simply go without insurance or find it outside the exchanges — at least until they become sick.
The government bureaucrat’s “management” of the market is management by bias. This bias has resulted in the bureaucrats rejecting out-of-hand, simple fixes for simple problems with the medical loss ratio rule.
For example, the health savings account qualified health plan, and other health plans with healthy deductibles, cannot meet the the MLR limits set by the rule. Not because HSA qualified plans are inherently incapable of meeting the MRL limits, but because the rules of how MLR is computed discriminates against HSAs and other health plans with higher deductibles.
Daniel Horowitz
Neil Stevens
Moe Lane
Steve Maley
Jake Walker
