As President Obama makes his push for health care reform, one of his key selling points has been that if you're happy with your current insurance plan you can keep it. This message appeals to voters afraid of being forced into coverage from a government program. However, a close reading of the proposed legislation suggests this may not be true.
University of Chicago law professor Richard Epstein has read the crucial sections of the draft bill and argues that rules about current private health plans are unrealistic and unfairly favor the public option. According to Epstein, the bill says that when members of plan exit from it, the plan is no longer the same plan. Thus, the plan's operators will have to comply with new regulations, something they won't be able to do and still maintain their existing pricing and services.
If Epstein is right, and I suspect he is, then Congress must reconcile these inconsistencies to make good on the President's sales pitch.
Watch the full program at FORA.tv.
Follow Blaise Zerega on Twitter: www.twitter.com/BeeZee