Dems back Prop. 45 medical insurance price controls

Dems back Prop. 45 medical insurance price controls

Obamacare, VA, May 26, 2014The Democratic Party just backed Proposition 45, which would give the state insurance commissioner vast new powers to regulate medical insurance rates. According to the Bee, the initiative pits “trial lawyers and consumer groups against doctors and hospital groups.”

According to R Street, “Such a system already exists in the property and casualty market as a result of the infamous and lamentable Proposition 103.”

The endorsement makes sense. If it passed, Prop. 14 will chase some health-insurance companies out of California because the price controls will make them unable to make a profit. That will cause many people to rush into Obamacare/Covered California, making it finally seem to be a “success.”

And the state will take one more step toward the single-payer, socialized medicine, Soviet-North Korean-style scheme Democrats have backed for decades.


1 comment

Write a comment
  1. Ulysses Uhaul
    Ulysses Uhaul 14 July, 2014, 21:59

    Great…..have price controls worked anywhere?

    Reply this comment

Write a Comment

Leave a Reply

Tags assigned to this article:
Covered CaliforniaJohn SeilerObamacareProp. 45

Related Articles

Summer break is the best time of year

July 23, 2012 By John Seiler About this time of year, liberal education ideologues start talking about how bad summer

God-like legislators fail to pass enviro reforms

Aug. 24, 2012 By Katy Grimes Despite promises to pass desperately needed reforms to the California Environmental Quality Act, lawmakers

Story Time In The Senate

Katy Grimes: Bring your milk, cookies and a soft blanket to story time in the Senate tomorrow. Instead of debating the