Try Not to Laugh at the Latest Folks Losing Their Health Coverage

Sure, schadenfreude can be
fun, but let’s not forget that the rolling disaster that is the
Affordable Care Act is an opportunity to teach a valuable lesson to
progressives about the inability of central planners, no matter how
smart they are (or just think they are), to truly know enough about
the markets to control them. Obamacare cancellations are hitting
people that actually matter:
the New York elite.

From their very own hometown newspaper, The New York
Times:

Many in New York’s professional and cultural elite have long
supported President Obama’s health care plan. But now, to their
surprise, thousands of writers, opera singers, music teachers,
photographers, doctors, lawyers and others are learning that their
health insurance plans are being canceled and they may have to pay
more to get comparable coverage, if they can find it.

They are part of an unusual informal health insurance system
that has developed in New York in which independent practitioners
were able to get lower insurance rates through group plans,
typically set up by their professional associations or chambers of
commerce. That allowed them to avoid the sky-high rates in New
York’s individual insurance market, historically among the most
expensive in the country.

But under the Affordable Care Act, they will be treated as
individuals, responsible for their own insurance policies. For many
of them, that is likely to mean they will no longer have access to
a wide network of doctors and a range of plans tailored to their
needs. And many of them are finding that if they want to keep their
premiums from rising, they will have to accept higher deductible
and co-pay costs or inferior coverage.

Read the whole piece
here and try not to chuckle too hard at the fancy smart people
having the exact same problems trying to use the program as the
rest of us muggles.

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