So, the whole point of ObamaCare (well, one of the points) is to put private insurance companies out of business and pave the way for single-payer national health care:
And yet, when those same targeted private insurance companies complain about ObamaCare and raise rates to meet the new costs it imposes, the President’s Secretary of Health and Human Services, Kathleen Sebelius, gets annoyed and tells them to shut up and take it, or they’ll be put out of business even sooner:
President Barack Obama’s top health official on Thursday warned the insurance industry that the administration won’t tolerate blaming premium hikes on the new health overhaul law.
“There will be zero tolerance for this type of misinformation and unjustified rate increases,” Health and Human Services Secretary Kathleen Sebelius said in a letter to the insurance lobby.
“Simply stated, we will not stand idly by as insurers blame their premium hikes and increased profits on the requirement that they provide consumers with basic protections,” Sebelius said. She warned that bad actors may be excluded from new health insurance markets that will open in 2014 under the law. They’d lose out on a big pool of customers, as many as 30 million people nationwide.
In other words, company executives who dare exercise their First Amendment rights to speak the truth about the harm ObamaCare will do to their firms will… get hurt.
For some strange reason, I’m picturing Frank Nitti, backed by a couple of his goons, in an insurance CEO’s office looking around and saying “Nice company youse got here. Be a shame if something happened to it.”
Must be a coincidence on my part.
(Crossposted at Public Secrets)