President Obama backtracked last week. He said he will not enforce the mandatory health insurance law next year, despite it being the law that bears his name.
First, this has to get by state insurance regulators. There is not much enthusiasm among this group. They have set up the rules. Now they are being asked to delay them for a year. Why should they? This gums of the works.
Next, hospitals must accept this change. But will they? Will they honor cancelled policies?
Third, it’s only a delay. The existing system will arrive in 2015. Then everyone has to shift back. This is a bureaucratic mess. Why bother? For politics? That is the President’s problem, not the insurance regulators’ problem or the hospitals’ problem.
If the change were permanent, that would be different. But it isn’t. It’s just a way for Obama to buy time to fix the website. The states’ regulators are expected to pay for this delay. So are hospitals.
The entire medical system has made the change. Now it is being asked to reverse course for a year.
What’s in it for them?