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November 18, 2014

Say, Government and Insurers Sure are Cozy

The New York Times has had an epiphany. And that is ObamaCare is Big Government and Big Business at their, er, finest. “As Americans shop in the health insurance marketplace for a second year, President Obama is depending more than ever on the insurance companies that five years ago he accused of padding profits and canceling coverage for the sick,” the Times reports. “Those same insurers have long viewed government as an unreliable business partner that imposed taxes, fees and countless regulations and had the power to cut payment rates and cap profit margins. But since the Affordable Care Act was enacted in 2010, the relationship between the Obama administration and insurers has evolved into a powerful, mutually beneficial partnership.” You don’t say. Worse, the Times notes, “The relationship is expected only to deepen as the two sides grow more intertwined.” This is no surprise to those of us who weren’t just “stupid voters” in 2009. But we’re glad to see the Times catching up with the times. More…

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