Colorado Insurers Drop Children From HC Policies

Change you can believe in: six health insurance companies in Colorado are dropping children from policies.

At least six major companies — including Anthem, Aetna, Cigna and Humana — have said they will stop writing new policies for individual children not covered by their parents' or other plans, insurance officials said.

They blamed health reform mandates taking effect Thursday requiring companies that write such policies as of that date to also cover sick children up to age 19.

Some of the same insurers, meanwhile, have filed proposed rate increases with Colorado for individual policies, hiking premiums by up to 27 percent, regulators said.

Public and private partnerships usually work poorly. Jeb Bush's own inspector general Bill Monroe has been unable to prove that outsourcing has saved the taxpayers money. Obama's health care reform plan is a near carbon copy of Sen. John Chafee's 1993 proposal. Chafee's goal was to protect private insurers from the potential of President Clinton signing a comprehensive universal health care reform bill. Clinton's health care plans died in committee so it is hard to say exactly what ClintonCare would look like. Obama's intentions were to protect special interests.

Money quote from Jon Walker:

Frankly, the complaining from Obama is just sad. Either it is hollow grandstanding, or Obama actually thought that the private, for-profit health insurance companies were honest brokers he could trust to not try to find loopholes in the new regulations. If it is the latter, President Obama’s much-touted intellect needs a reevaluation.

Private insurance companies are in the business of making a profit. Not providing universal health care. The Colorado situation was predictable. Obama's deer-in-the-headlights act is getting old. This health care bill was horrible and progressives will be forced to defend it. I think I will take a pass.