Obamacare Kills Private Insurance

No wonder the crap has to be pushed through fast, before anybody finds out what’s in the giant crap sandwich of government takeover of health-care.

Kudos to Investment Business Dailyfor uncovering a doozy in the House version of Obamacare:

It didn’t take long to run into an “uh-oh” moment when reading the House’s “health care for all Americans” bill. Right there on Page 16 is a provision making individual private medical insurance illegal.

When we first saw the paragraph Tuesday, just after the 1,018-page document was released, we thought we surely must be misreading it. So we sought help from the House Ways and Means Committee.

It turns out we were right: The provision would indeed outlaw individual private coverage…

House Majority Ldr. Steny Hoyer recently said that the health-care reform bill now pending in Congress would garner very few votes if lawmakers actually had to read the entire bill before voting on it. I guess he knew what he was saying.

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