... Right there on Page 16 is a provision making individual private medical insurance illegal.
... the "Limitation On New Enrollment" section of the bill clearly states:
"Except as provided in this paragraph, the individual health insurance issuer offering such coverage does not enroll any individual in such coverage if the first effective date of coverage is on or after the first day" of the year the legislation becomes law.
So ... Those who currently have private individual coverage won't be able to change it. Nor will those who leave a company to work for themselves be free to buy individual plans from private carriers.
The leaked Treasury draft documents (83-page PDF) referred to in an earlier post this morning about employer coverage (at NewsBusters; at BizzyBlog) go beyond vindicating IBD by applying the same prohibitions to group coverage, as the following language found at Page 14 of the document shows:
Therefore, effective March 23:
In other words, individuals can't freely engage in commercial transactions with insurance providers to buy new policies with provisions tailored to their or their employees' particular needs and circumstances. Entering into a contract that would do so is now illegal, as IBD observed last July.
In an editorial five days after its original, IBD stuck to its guns in the face of withering attacks from the establishment media outlets, "backed up" by the likes of FactCheck.org. Their common complaint was, "Well, they will still be able to buy individual insurance through the state-run 'exchanges.'" But it was clear then and true now that they will only be able to buy coverage there that is at or above ObamaCare's specified minimums, and in one so-called "marketplace." In reality, the "exchanges" are the roach motels of health insurance; once you're forced in, you can never get out.
It turns out that IBD was absolutely correct last year. For affected individuals and even groups, there is no real "market" for health insurance. There is only ObamaCare, or something even more expensive. Absent repeal, anything else is outlawed.
Cross-posted at BizzyBlog.com.