Regulation Makes Obamacare Worse Than the Statute Itself
Obamacare is bad as enacted, but now the Obama Administration through its regulatory power is destroying Health Savings Accounts (HSAs), one of the few good things that has happened in health care law in the past decade.
Today, the conservative health policy think tank, The Galen Institute, submitted a comment to the Center for Medicare and Medicaid Services at the Department of Health and Human Services on this issue The Galen Institute warns that CMS’s regulation on Medical Loss Ratios (MLR) poses a threat to affordable Health Savings Accounts and other high-deductible health insurance plans.
We are thrilled to see another conservative organization joining the fight against Obamacare on the regulatory front. While their comment comes after the final rule was published, we’re glad that they submitted it as it highlights a huge problem with the way the Obama Administration is implementing this particular provision of Obamacare.
The MLR regulation could have been implemented in a way that would not have imperiled HSA plans. This is just another example of why conservatives must actively monitor and fight Obamacare regulations.
So, we invite you to join us as we monitor and fight Obamacare regulations.