Does ObamaCare outlaw private insurance?
Investors Business Daily’s editors quickly read through the actual legislation of the House health-care reform bill looking for hidden time bombs — and they found a doozy. On page 16 of over a thousand pages of text, they discovered a clause that essentially locks people into their current plan, and locks everyone out of any other plan. Well, presumably the public plan will be an exception: When we first saw the paragraph Tuesday, just after the 1,018-page document was released, we thought we surely must be misreading it. So we sought help from the House Ways and Means Committee. It turns out we were right: The provision would indeed outlaw individual private coverage. Under the Orwellian header of “Protecting The Choice To Keep Current Coverage,” 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
