https://www.americanthinker.com/articles/2023/07/biden_trying_to_kill_short_term_health_insurance.html
President Biden has taken to the airwaves to sell his plan to crack down on short-term health insurance policies, which he terms “junk.” Taking away the right to choose is not only bad healthcare policy, it runs counter to the spirit of freedom on which this country was founded.
The history of short-term, limited duration (STLD) policies is straightforward. In order to coerce Americans to use only government approved (Washington controlled) taxpayer-subsidized policies, the Affordable Care Act of 2010 (ACA) included the individual mandate, an order for all Americans to purchase insurance. Washington restricted STLD policies to non-renewable 3-month plans. The Trump administration expanded public choice by allowing such policies up to 12-months in duration and renewable for three years. Millions of Americans used this affordable vehicle to cover themselves and their families, giving them a viable alternative to expensive and restrictive ACA insurance with its “auto-renewal.”
Biden wants to quash STLD insurance policies making them illegal, calling them a scam and junk.
Americans are free to buy junk bonds, including government ones. We are free to buy junk stocks and junk cars. Many happily attend junk events. Shouldn’t the public be able to decide what is junk versus jewel, what is scam and what is savior? Individual Americans are better judges of how to spend their money than Washington.
In the 2012 challenge to the ACA, NFIB v. Sebelius, the Supreme Court struck down Obama’s individual mandate saying it was unconstitutional to force Americans to purchase what the government commanded them to buy. Now Biden wants to do an end-run and force the public to buy only what Washington allows. If Americans want to have medical insurance, Washington wants to mandate what Americans must purchase.
Health insurance, any insurance for that matter, is a way to manage risk. A person pays an insurance company a comparatively small amount of money to hedge against the chance the person will need to expend a large amount of money when something unexpected happens, such as a housefire, a flood, or an automobile accident with injuries. Never mind that insurance premiums are already a very large expense, with the average family set to expend $30,065 on healthcare costs this year. More than 80 percent will go to insurance companies.