Health care news from the Washington Post: “Per Person Cost of Federal High-Risk Medical Plan Doubles.” Do you know what a high-risk medical plan is? Do you know what that is? That is the preexisting condition. This is what’s in the Obamacare that even some Republicans say, “You know what? A lot of people like this preexisting condition stuff. We gotta be careful! We can’t overturn the whole thing.” Well, it’s not good news, folks. “Medical costs for enrollees in the health-care law’s high-risk insurance pools,” that’s for preexisting conditions, “are expected to more than double initial predictions.” The Obama regime admitted this itself last Thursday in a report at the end of the day. “The health-care law set aside $5 billion for a Pre-Existing Condition Insurance Plan, meant to provide health insurance to those who had been declined coverage by private carriers. Since its launch last summer, nearly 50,000 Americans have enrolled in the program.
“[It] will phase out in 2014, when insurers will be required to accept [everybody] regardless of their health-care status,” and I’m here to tell you that once they have to accept everybody, it’s no longer insurance. It is a welfare plan. And that is by design. That one fact will close down private-sector health insurance. Just shut it down. Now, you know this. We told you all of this throughout the debate on the health bill. You may have forgotten it, but you know this. You know that in 2014… This high-risk thing is just an interim plan right now until 2014 — after Obama’s been reelected and firmly into his last term and has no accountability — when private-sector health “insurers will be required to accept all applicants regardless of their health-care status.” And again, folks: When that happens, insurance companies are no longer insurance companies; they are simply agents of mandated federal welfare.
And they will go out of business.Continue reading on www.rushlimbaugh.com