Search This Blog

Friday, June 8, 2012

The Supreme Court Ruling on Obamacare

I just read yet another article describing the effect of a decision by the Supreme Court to strike down Obamacare as unconstitutional. As usual, it really did not say much. It did have the breathless report about how striking down the law would mean that children could no longer stay on their parents policies until age 26 and that pre-existing conditions could again be used to limit purchase of health insurance. Let's deal with those items first. Pre-existing conditions only apply to those who do not already have health insurance. Anyone with such a condition who has now purchased coverage will still have that converage if the law is struck down. Further, they can keep their policies into the future since they already have coverage and their conditions are no longer pre-existing. For the young adult children of 26 or less years old, results will be similar. Those who are on their parents policies right now will still be on those policies until the annual renewal period arrives. At that point, the insurance companies may or may not change the nature of the policies regarding adult children. If they drop coverage back to what it was before the change, then the price of coverage for everyone should also fall. Adults under 26 will have to buy their own insurance. It is not the end of the world.

The stories also tell us how the Obama administration has contingency plans how to deal with the court striking down the law. Of course, I have yet to hear what those plans actually are. Isn't it amazing that the Obama administration can tell us all about top secret actions taken against Iran or al Qaeda, but they manage to keep secret their plans concerning Obamacare. I guess it really shows what they care about.

Finally, the stories tell us about the huge political impact that the Obamacare decision will have. Of course, no one agrees what that impact will be, but it is going to be huge! My suggestion is that we wait and see. It will all be coming soon enough. The decision will be out sometime in the next three weeks. Let's hope that rational thought prevails and the statute is struck down as violating the constitution.

No comments: