Dead End: Fixes for ACA Not a Panacea for Mary Landrieu
“Lower and middle income people would receive subsidies to help them afford this insurance, while those individuals who like the coverage they already have will be able to keep their current plan. This is a very accurate description of this bill before us--the Patient Protection and Affordable Care Act.” - Sen. Mary Landrieu, Congressional Record, 12/22/09, p. S13733
Either you keep your promise, or you break your promise. That is the choice facing Mary Landrieu.
Seems like a no brainer, right? But it isn't that simple. Here's why:
- If Landrieu chooses to break her promise, she loses what little credibility she has left.
- There’s also Landrieu’s legislation to try to stop the bleeding but would have a devastating effect on ObamaCare, creating absolute chaos for millions of Americans, hundreds of thousands of Louisianans and the health insurance market.
It's a no win situation for Mary Landrieu – efforts to restore credibility will expose gross incompetence.
The liberal Talking Points Memo warned that legislation designed to allow people to keep their health care plans would "unwind Obamacare's guarantees of quality coverage and affordable prices, which were the basis of two important -- and popular -- market reforms under Obamacare: community rating (insurers cannot charge sick people more) and guaranteed issue (insurers cannot deny coverage to anyone)." Further, it would, "disrupt the premiums set by insurers because a chunk of their expected customers would no longer be enrolling in the marketplaces."
In other words, if such legislation became law, ObamaCare's exchanges would be destroyed because healthy people would get to keep their current health plan (and thus not enter the exchanges), meaning that those who enter the exchanges are likely to be sicker and more expensive for participating insurers. This means skyrocketing costs for everyone in year two. It would become so untenable that the law would have to be repealed amid public outcry and pressure.
Mary Landrieu is panicked and has no idea how to fix the disaster that she's helped to create. Further, it's plainly evident Landrieu is far more concerned with winning her next election than actually doing anything to really fix the problem. Washington has never looked more broken. It has never looked more incompetent. And it's about to get even worse as panicked politicians like Mary Landrieu look for the political fix to the practical problem that ObamaCare is fundamentally flawed. Who is to blame? Start with those responsible for this disaster like Mary Landrieu.