To me, it appears the plan is to
tighten regulation immediately, with the public option only available
in another 4 years. If I’m wrong about this, I’d love to know, I’m embarrassed to admit I don’t know as much about this plan
as I’d like.
Anyhow, if this is true, it means that in preparation for the new
regulations, insurers will drop many of the self-employed and will
raise prices before the new rules take effect. With the public option
available with a 4 year delay, many will be in worse shape than they
are now until that day comes. Knowing conservatives, and the fact
there will be a new congressional and presidential race in that time,
we might even get stuck without any public option at all, and millions
currently insured losing their coverage even after the four year wait.
At least, that is my fear… how the law eventually gets written and
implemented is yet to be seen.
I write this as a self-employed, small business owner whom buys his own private individual insurance in Pennsylvania.
