As Glenn Reynolds says sarcastically:Some of the country's most prominent health insurance companies have decided to stop offering new child-only plans, rather than comply with rules in the new health-care law that will require such plans to start accepting children with preexisting medical conditions after Sept. 23.
Wow. Who could have seen this coming?When you have Leftist ideologues in government design a product, this is what happens.
Can the government force companies to make a product that they are sure to lose money on?
The answer is: they can if the government runs the company. Here's the analysis from the IEEE:
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