Consider this a prelude to Obamacare:
Tens of thousands of Texas children will be directly affected by the 11th-hour decision of a number of major health insurance companies to stop selling child-only policies rather than comply with the new federal law that requires they cover youngsters with pre-existing conditions.
…Spokespersons for Aetna and Cigna said the change was made to keep family coverage affordable for as many people as possible and avoid significant price hikes. They said that under the new law, people suddenly seeking coverage would predominantly be those who need to consume healthcare services immediately for known, high-cost conditions.
Some people may find this hard to believe, but insurers are a business. Like any other business, if they lose money while doing something, they will opt not to do it anymore. So when government makes covering certain people a losing proposition, it is government that has caused them to lose their coverage. Keep that in mind when the statists inevitable respond to such developments with calls for yet more government intervention and control.
