{"id":1976980,"date":"2023-07-19T03:45:02","date_gmt":"2023-07-19T07:45:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/proposed-biden-regulation-wont-eliminate-junk-insurance-it-will-promote-it\/"},"modified":"2023-07-19T03:51:27","modified_gmt":"2023-07-19T07:51:27","slug":"proposed-biden-regulation-wont-eliminate-junk-insurance-it-will-promote-it","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/proposed-biden-regulation-wont-eliminate-junk-insurance-it-will-promote-it\/","title":{"rendered":"Biden&#8217;s regulation won&#8217;t eradicate &#8216;junk&#8217; insurance, but rather encourage its growth."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fproposed-biden-regulation-wont-eliminate-junk-insurance-it-will-promote-it%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1976980&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"article-content\"> \t\t\t\t\t\u2064 <\/p>\n<p>While Congress was on\u200d its \u200bIndependence Day recess, the\u2062 Biden administration \u200creleased a \u2063<a href=\"https:\/\/public-inspection.federalregister.gov\/2023-14238.pdf\" target=\"_blank\" \u2064rel=\"noreferrer noopener\">proposed regulation<\/a> it <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2023\/07\/07\/fact-sheetpresident-biden-announces-new-actions-to-lower-health-care-costs-and-protect-consumers-from-scam-insurance-plans-and-junk-fees-as-part-of-bidenomics-push\/\" \u2064target=\"_blank\" rel=\"noreferrer noopener\">claimed<\/a> \u2064would \u201cprotect consumers from\u2062 scam insurance \u2064plans and junk \u200cfees.\u201d In \u2064reality, \u200bit \u200cdoes\u200d just\u200d the opposite.<\/p>\n<p>\u2062  \u200b  <\/p>\n<p>Consistent with \u2064the\u2062 left\u2019s definition \u2064of \u201cconsumer\u200d protection\u201d as \u2063\u201ca regulation \u2063that \u2064protects (i.e., prohibits) \u2064an individual from\u200d being a\u2064 consumer,\u201d the\u2063 proposed\u200b rule \u2063would shut down \u200ba form of health \u2063coverage that competes with \u200bObamacare-style plans. \u2063As a result, the rule\u200b would shift more people onto the \u200dObamacare\u200c exchanges \u2014 the\u2063 <em>real<\/em> form of\u2064 <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/are-<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/5-reasons-making-taxpayers-pay-off-student-loans-is-a-rotten-idea\/\" title=\"5 Reasons Making Taxpayers Pay Off Student Loans Is A Rotten Idea\">short-term<\/a>-health-insurance-plans-skimpy-as-the-biden-administration-says\/&#8221; title=&#8221;Are short-term health insurance plans as &#8216;skimpy&#8217; as claimed by the Biden administration?&#8221;>junk insurance<\/a>.<\/p>\n<div class=\"fdrlst__b89e9-paragraph-2-long \u2062d-flex \u2062justify-content-center\" style=\"margin-left: auto; margin-right: auto;\u2062 text-align:\u200c center; \u200d\" id=\"fdrlst__b89e9-948185365\">\n<div id=\"div-gpt-ad-1379703300879-0\" class=\"mb-30\"><\/div>\n<\/div>\n<div class=\"fdrlst__b89e9-da54bc542ac09d9321c00e2d95c9b93f fdrlst__b89e9-paragraph-2\" id=\"fdrlst__b89e9-da54bc542ac09d9321c00e2d95c9b93f\"><\/div>\n<p>\u2062  \u200d  <\/p>\n<h2 class=\"wp-block-heading\">New Regulation Repeals\u200d a Trump \u200cReform<\/h2>\n<p>  \u2064\u2063  <\/p>\n<p>The\u2064 proposed \u200crule would undo a regulation finalized by\u200d the Trump administration <a \u200chref=\"http:\/\/thefederalist.com\/2018\/02\/20\/need-know-proposed-federal-rule-short-term-health-plans\/\" \u2062target=\"_blank\" rel=\"noreferrer noopener\">in\u200c 2018<\/a>, as a\u200b result of \u2062an executive order Trump\u200d issued \u2062<a href=\"http:\/\/thefederalist.com\/2017\/10\/13\/need-know-trumps-health-care-executive-order\/\" target=\"_blank\" \u2063rel=\"noreferrer noopener\">the prior \u200bOctober<\/a>. \u2063That \u200drule\u200d allowed for the\u200d sale\u200c of\u200b short-term, \u200blimited-duration \u2064insurance (STLDI) \u2064plans \u2063that last 12 \u200bmonths, along \u2063with \u200crenewals that could extend \u200dthe <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-gives-pfizer-3-2-billion-for-ineffective-covid-vax\/\" title=\"US Gives Pfizer .2 Billion for Ineffective COVID Vax\">initial contract<\/a>\u200b to \u2062up to\u2064 36 months.<\/p>\n<p> \u2063   <\/p>\n<p>Changing the maximum\u200d length of an STLDI policy had an \u200bimportant\u200b effect because this\u2063 type\u200c of coverage does not \u2063have \u200dto comply with all \u2062of the Obamacare \u2064insurance regulations \u2014\u200c the \u2062same \u200brequirements that <a href=\"https:\/\/aspe.hhs.gov\/sites\/default\/files\/private\/pdf\/256751\/IndividualMarketPremiumChanges.pdf\"\u200b target=\"_blank\"\u2063 rel=\"noreferrer noopener\">more than \u200cdoubled<\/a> the cost \u200cof individual insurance over just \u2063four\u200c years. In \u200cother words, by extending the maximum\u2064 length of \u2062an STLDI \u200bpolicy,\u200c the \u2063Trump\u200d administration\u200d provided \u200can\u2063 off-ramp \u200bfor\u2062 people\u2064 who\u2062 considered Obamacare\u200b plans\u2063 too expensive\u2063 or\u200b did not \u200dwant\u2064 to buy that\u2064 much coverage.<\/p>\n<p>  \u2062  <\/p>\n<p>The \u200bBiden proposal would change the \u2064maximum duration\u2064 of an\u2064 STLDI plan to \u200da \u200cthree-month initial term and\u200b a total duration of\u200c four months \u2063per\u200d policy. This \u2063proposal largely \u200bmirrors the Obama administration\u2019s \u200c<a href=\"https:\/\/www.govinfo.gov\/content\/pkg\/FR-2016-10-31\/pdf\/2016-26162.pdf\"\u2062 target=\"_blank\"\u200d rel=\"noreferrer\u200b noopener\">actions<\/a>, which \u200cshortened the maximum \u200dduration of\u2062 STLDI from 12 months (the standard since this portion of\u200c federal law was\u200c created in\u2064 1996) down to three months, after STLDI \u200cemerged as\u2063 a <a href=\"https:\/\/www.wsj.com\/articles\/sales-of-short-term-health-policies-surge-1460328539\"\u200b target=\"_blank\" \u200crel=\"noreferrer \u2062noopener\">popular \u2062alternative<\/a> to costly \u200dObamacare\u2063 plans once the exchanges launched in 2014.<\/p>\n<p> \u2063 \u200b  <\/p>\n<p>To sum \u2062up\u200d the policy to-and-fro: The\u200d Obama \u2062administration\u200c cracked down on \u2064STLDI \u2062as soon as\u2063 it discovered\u200d people were\u200c using \u200dit\u200c as an\u2064 escape valve out of\u200d the\u200b exchanges; the Trump\u2063 administration\u200d reopened\u200c that escape valve in\u2062 2018; and \u2062the\u200c Biden administration now\u200b wants to \u200chammer that valve \u200bshut again.<\/p>\n<div\u200d class=\"fdrlst__b89e9-c0217fb8de3dc72a50beeb4ef8c1cc7b \u2063fdrlst__b89e9-paragraph-6\" id=\"fdrlst__b89e9-c0217fb8de3dc72a50beeb4ef8c1cc7b\"><\/div>\n<p>   \u2062 <\/p>\n<h2 class=\"wp-block-heading\">Patronizing Health Care Paternalism<\/h2>\n<p> \u2064 \u200b  <\/p>\n<p>What \u2062mentality\u2063 would lead \u200dthe\u200c current administration\u2063 to\u200b undo \u2063the Trump \u200defforts and\u2064 eliminate most\u2063 of\u200d the \u2063market\u200c for this type of insurance? Consider \u200bthis\u2062 passage on \u200bpage 146 \u200cof the\u200d <a\u2062 href=\"https:\/\/public-inspection.federalregister.gov\/2023-14238.pdf\" target=\"_blank\" \u2064rel=\"noreferrer \u2062noopener\">proposed \u200crule<\/a>:<\/p>\n<p>  \u200d  <\/p>\n<blockquote class=\"wp-block-quote\">\n<p>Consumers with\u200b low \u2062health literacy, which \u2062disproportionately includes consumers with low \u2064incomes, may \u200dalso \u2062be \u200dmisled \u200dinto purchasing\u200d STLDI\u200d or\u2063 fixed\u2064 indemnity excepted benefits coverage \u200bunder the mistaken\u2063 impression that\u2064 it\u200d would lower\u2064 their out-of-pocket \u200dcosts while providing comprehensive coverage with \u200clower \u200cpremiums.<\/p>\n<p> \u200b<\/p><\/blockquote>\n<p> \u2062\u200c  \u200c <\/p>\n<p>The plain English\u200b translation: Poor people are stupid,\u200c and we \u200bneed \u2062to \u200bprotect them from \u200dthemselves.<\/p>\n<p> \u2062 \u200c  <\/p>\n<p>That\u200b patronizing \u2064mentality \u200dpervades \u200cthe entire document. The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/proposed-biden-regulation-wont-eliminate-junk-insurance-it-will-promote-it\/\" title=\"Biden's regulation won't eradicate 'junk' insurance, but rather encourage its growth.\">word \u201cliteracy\u201d appears 20 \u200cseparate times<\/a>, \u2064via references\u2063 like\u2062 the above one,\u2063 talking \u2064about how people purportedly lacking health \u200dliteracy might \u200dmake a \u200b\u201cbad\u201d \u2062choice \u200cof which the powers that\u200d be \u200cdo not approve.<\/p>\n<p>\u2064 \u200d  \u2062 <\/p>\n<p>When \u200bit comes to various\u2064 types \u2064of health\u2063 coverage, individuals should\u200b have\u2064 the right \u200cto\u2063 know \u2062exactly what\u200d they are buying \u200cbefore \u200dthey\u200c buy it\u200b (i.e., transparency), \u200bbut\u2064 they should \u200dalso \u2063have \u200dthe \u2064right to buy the plan that works best \u200bfor \u2064them \u2014 even if\u2062 government \u200bbureaucrats \u200cdon\u2019t consider that\u2064 the \u201ccorrect\u201d\u200b decision. \u2064That the \u200c<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cuomo-faces-fresh-scandal-over-order-directing-covid-patients-into-homes-for-disabled\/\" title=\"Cuomo Faces Fresh Scandal Over Order Directing COVID Patients Into Homes For Disabled\">administration thinks<\/a> otherwise\u200b harks\u2063 back\u2063 to Ronald \u2062Reagan\u2019s famous quote about the <a\u200b href=\"https:\/\/www.youtube.com\/watch?v=xhYJS80MgYA\" target=\"_blank\" rel=\"noreferrer noopener\">nine \u200cmost terrifying words<\/a>\u2064 in the \u200dEnglish language: \u201cI\u2019m from the \u200cgovernment, \u2063and \u200dI\u2019m here\u2064 to help.\u201d<\/p>\n<div class=\"fdrlst__b89e9-06a2dab1c1b8f6176c2ca10cceda40ed\u200b fdrlst__b89e9-paragraph-10\" \u2062id=\"fdrlst__b89e9-06a2dab1c1b8f6176c2ca10cceda40ed\"><\/div>\n<p>  \u200c  <h2\u2064 class=\"wp-block-heading\">The <em>Real <\/em>\u2018Junk\u2019 \u2064Insurance<\/h2>\n<p>By \u200beliminating STLDI\u200b as \u200ca realistic\u200c option for \u2063many\u2062 people, \u2062the proposed \u200drule \u2064would throw more individuals\u200d back into the \u2062Obamacare exchanges,\u2063 exposing them to\u2062 the <a\u200b href=\"http:\/\/thefederalist.com\/2018\/08\/06\/short-term-plans-not-junk-insurance-obamacare\/\" \u2062target=\"_blank\" rel=\"noreferrer noopener\">real \u200dform of \u201cjunk\u201d coverage.<\/a> Because these \u2063plans have\u2063 to \u200ccomply with\u2063 all \u200dmanner of mandates \u2014 the ones\u2063 that\u200c those people \u2062\u201cfrom \u2064the \u200bgovernment\u201d \u2064force on consumers\u2064 \u2014 insurance companies have\u2062 only two\u2063 ways \u2062to control costs:<\/p>\n<p>\u2064  \u2064  \u200b<\/p>\n<ol type=\"1\">\n<li>Raise deductibles to \u200bwell \u200cmore\u200c than $5,000 for individuals\u2063 and \u2062$10,000 for families.\u2064 I \u2063know \u200cthis \u200dproblem\u2062 well, paying more\u200b than $500 per month \u200dthis year \u200cfor a plan \u2064with a \u2063$6,350 deductible. In \u2064other\u2063 words,\u200b I must \u200dpay nearly \u200d$13,000\u2063 out-of-pocket in\u2062 premiums \u2062and\u200b deductibles before my\u2063 \u201cinsurance\u201d will pay \u2063so much as a dime.<\/li>\n<p> \u200d   <\/p>\n<li>Create\u2063 incredibly narrow\u200d networks \u2064of \u2063doctors \u2063and hospitals, \u200bsuch that many of\u200b the biggest and\u2062 most well-known entities do not accept Obamacare plans. \u200dFor instance, as of 2018, \u2062the <a href=\"https:\/\/www.wsj.com\/articles\/obamacare-can-be-worse-than-medicaid-1530052891\" \u200ctarget=\"_blank\" rel=\"noreferrer noopener\">Mayo\u200d Clinic \u2064did not\u2062 accept<\/a>\u200d <em>any<\/em> exchange plans\u200c within Minnesota.<\/li>\n<p> \u200b<\/ol>\n<p> \u200c   \u200c<\/p>\n<p>The Obamacare plans are \u200dso\u200d terrible that even\u200b the exchange\u200d heads\u2064 who sell this type of coverage\u200c <a\u200c href=\"https:\/\/thefederalist.com\/2023\/03\/13\/obamacare-exchanges-data-breach-exposed-not-only-my-private-info-but-the-hypocrisy-of-d-c-officials\/\"\u2063 target=\"_blank\" rel=\"noreferrer \u200cnoopener\">refuse to buy\u200d it<\/a>.\u2062 Yet the\u200b Biden administration\u200c wants to force everyone else to\u200c purchase this \u201cinsurance,\u201d even \u200cif people\u2062 would prefer something \u200cdifferent.<\/p>\n<p>\u2062  \u200c \u2063 <\/p>\n<p>That sums\u200b up \u2063the \u200bBiden proposal in a nutshell\u200b \u2014 a <a href=\"https:\/\/www.youtube.com\/watch?v=ShGq7-84BrE\" target=\"_blank\" \u200drel=\"noreferrer\u2063 noopener\">little intellectual\u2062 elite<\/a> \u2064in a far-distant \u200dcapital thinks\u2064 it can plan our \u2062lives for\u2062 us better\u2063 than we can\u200d plan them ourselves. Forcing more Americans into \u201cjunk\u201d \u2062insurance \u200drepresents only \u2062the latest step in the \u200cleft\u2019s\u200c messianic mission to\u2064 control the nation\u2019s health \u2063care system, and much \u2062else \u200cbesides.<\/p>\n<div class=\"fdrlst__b89e9-3d1a54461745ebf2b2b5cc705b021704\u2062 fdrlst__b89e9-after-post-content\" id=\"fdrlst__b89e9-3d1a54461745ebf2b2b5cc705b021704\"><\/div>\n<p> \t\t\t\t\t \u200d<\/p>\n<hr class=\"wp-block-separator\"> \u200d\u2062  \u2064 \t\t\t\t\t \u2063  \t\t\t\t\t\t\t\t\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>During Congress&#8217; Independence Day break, the Biden administration introduced a regulation aimed at safeguarding consumers from fraudulent insurance schemes and unnecessary charges. However, this proposal actually contradicts its purpose, aligning with the left&#8217;s view of consumer protection as a regulation that restricts individuals from being consumers.<\/p>\n","protected":false},"author":1164,"featured_media":1976981,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[546],"tags":[],"class_list":["post-1976980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-federalist"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1976980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1164"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1976980"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1976980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1976981"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1976980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1976980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1976980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}