IFF Responds: New health insurance exchange plan is no free market solution

IFF Responds: New health insurance exchange plan is no free market solution

by
Mitch Coffman
October 11, 2012
Mitch Coffman
October 11, 2012

The Idaho Freedom Foundation Thursday responded to a news release claiming that Idaho businesses are "getting behind a proposal to create a private version of a health insurance exchange instead of a state-run or quasi-governmental one."

Idaho Freedom Foundation Executive Director Wayne Hoffman, a member of the governor's health insurance exchange task force, said it is incorrect to suggest, as backers of the plan have, that a state-created nonprofit to run the exchange would be a "free market
solution."

"There is no such thing as a free market government-created entity charged with carrying out federal and state law," Hoffman said. "Further, creating a new nonprofit entity is a trendy way for the state and federal government to avoid taking responsibility when the health insurance exchange that they've created raises costs or outright fails."

The state-created entity would have the legal ability to set and enforce fees used to fund the health insurance exchange. Under federal law, health insurance exchanges must be financially self-sufficient by 2015.

"If Idaho wants to make sure businesses and consumers are trapped in a bureaucratic maze for which there is no way out and no accountability, a state-created non-profit administering a dysfunctional federal health care law is a good way to get there," Hoffman said.

"Most of the business leaders I speak to know that there is no upside to the state creating a health insurance exchange and want Idaho policymakers to continue the fight against the federal government's takeover of the health care industry," Hoffman added.

 

Idaho Freedom Foundation
802 W. Bannock Street, Suite 405, Boise, Idaho 83702
p 208.258.2280 | e [email protected]
COPYRIGHT © 2021 Idaho freedom Foundation
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