Don't Buy Insurers' Junk -- Or Let Them Keep Selling It
Members of Congress and the Obama administration have assured us that on January 1, 2014, junk health insurance plans -- which offer only the illusion of adequate coverage to the millions of Americans enrolled in them -- will become a thing of the past.
Among those who clearly don't believe those plans are headed for extinction are the insurance companies that market these highly profitable plans, and the employers that buy them -- primarily restaurant chains and retailers with high employee turnover.
If I were President Obama, I would send one of my aides to the Chicago suburbs later this week to see first-hand just how determined these companies are to continue selling these plans -- which are euphemistically called "mini-med" and "limited-benefit policies" -- long past 2014.