The Corner

Biggest Insurers Refuse to Join Calif. Exchange

If Obamacare can’t work in California, it can’t work anywhere. The state government — run entirely by San Francisco Democrats — has gone all in to make Obamacare a success. But now, the largest insurers are opting out of the state exchange for small business. From the San Francisco Chronicle story:

Anthem Blue Cross, the state’s largest insurer, has opted not to sell coverage for small businesses through Covered California, the state-run exchange where individuals and small businesses will be able to shop for medical insurance under the federal health law. The insurance giant will, however, sell coverage for individuals through Covered California. Anthem’s announcement late last week came after two other insurers, UnitedHealth Group and Aetna, which had already chosen not to be part of the exchanges next year, announced this summer that they will no longer offer individual policies in California after the end of this year.

The insurers have just a small portion of California’s market share of policies sold to individuals. Meanwhile, Anthem has about a third of the state’s small-business market and will continue to sell those policies – just not as part of the exchange.“This is not a good way to get things started,” said Micah Weinberg, senior policy adviser at the Bay Area Council, an employer-backed San Francisco group. “But you have to ask at some point, how many carriers do you need?”

The more the better, we were told. Read the article. There’s a lot of similar tap-dancing quotes from Obamacare enthusiasts.

Did somebody say, “Train wreck!”?

Most Popular

Books

The Maker of Middle-earth, in Gorgeous Detail

Oxford, England — After five months of ferocious and futile slaughter in “the Great War,” an Oxford undergraduate — knowing his deployment to the Western Front was inevitable — used his Christmas break in 1914 to cultivate his imagination. Twenty-two-year-old J. R. R. Tolkien began writing “The Story ... Read More
Culture

Road Trip

EDITOR’S NOTE: The following is Jonah Goldberg’s weekly “news”letter, the G-File. Subscribe here to get the G-File delivered to your inbox on Fridays. Dear Reader (Especially future contributors to my GoFundMe page), I am currently in the passenger seat of our family fun mobile, passing mile marker ... Read More
Politics & Policy

Answering my Critics

My post on Elizabeth Warren’s cynical/bonkers proposal to effectively nationalize every American firm with revenue of $1 billion or more has met with predictable criticism. I will address two points here. One, some have complained about the use of the word “expropriation,” or more broadly about ... Read More