10232014Thu
Last updateMon, 20 Oct 2014 3pm

Illinois Suspends ObamaCare Insurance Exchange Setup

WUIS:

Even though Democrats control government in President Obama’s home state, Illinois legislators are suspending their work to implement a key part of Obama’s signature health care law. Illinois is holding back on creating a so-called “health exchange.” Amanda Vinicky explains.

A health exchange is one of the main initial components of the Affordable Care Act.

It’s basically a table of insurance plans people who don’t currently have coverage could choose from once the national health care law hits its stride. If it ever does.

The U.S. Supreme Court heard arguments in March challenging the constitutionality of ObamaCare.

“I’ve suspended the talks on the Illinois insurance exchange until the Supreme Court makes its decision, which we expect in June,” Rep. Frank Mautino (D- Spring Valley), who has been leading Illinois’ talks to set up the exchange, said.
“As the negotiator, it’s very difficult to have … businesses – decide how much they’re willing to pay to run an exchange, when the federal law may go away. So I’ve lost a lot of the strength of negotiation,” he said.

Controversial aspects include who’ll run the exchange, how much power insurance companies will get, and who’ll pay for it.

About 50 organizations, including insurance companies, business groups, and health care advocates had been meeting weekly.

" An unlimited power to tax involves, necessarily, a power to destroy; because there is a limit beyond which no institution and no property can bear taxation. "

--John Marshall

SMS Audio LLC

Please consider contributing, if only a couple of bucks, the cost of countering the liberal media is arduous and costly.

  

Recommended Reading...

mental_floss store
Lumber Liquidators