Wednesday, April 12, 2017

Tic Toc on Obamacare

The Wall Street Journal points out that we are literally running out of time to repeal and replace Obamacare; thank goodness that talks appear to be reviving.

A few points worth highlighting from the Journal:

  • HHS Secretary Tom Price has considerable authority to make improvements while the House wrestles with the long term solution. Price can use legal waiver authority to give the states freedom to experiment with alternatives to Obamacare. No, the changes would not be permanent if done in this manner, but if they work, it would make for a stronger argument to make them permanent in legislation.

  • Here's where the time crunch comes in;  insurers are designing their 2018 products, which will require state approval this summer. More and more insurers will come to the conclusion that they would rather leave a locale than try to service it under existing Obamacare rules. That means less choice (or even no choice) for consumers.

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