Wednesday, March 26, 2014

The Individual Mandate Goes Poof : The latest delays show that the supposed centerpiece of ObamaCare won't cause the uninsured to buy coverage.

The Wall Street Journal reports:
The Obama administration already has been forced to delay, drop or revise a host of other requirements in the law, such as the employer mandate, minimum benefits standards, and nondiscrimination rules. Until now, the White House has refused to delay or repeal the unpopular individual mandate because it was supposed to hide the full "on-budget" costs of ObamaCare. Its architects hoped that the mandate could force millions of Americans to pay for the law's expensive coverage and cross subsidies through higher premiums instead of higher taxes. But they always lacked sufficient political support to try to make the mandate powerful enough to accomplish this.

Expect the mandate to turn into even more of a "suggestion" before votes are cast in this November's congressional elections. With the mandate illusion off the table, the Affordable Care Act can no longer hide what it truly is: another unfunded liability for taxpayers.