Investor’s Business Daily editorial on ObamaCare’s unintended consequences – Insurance: Canceled

We start with the story of Americans being kicked into the ranks of the uninsured. Politico reported that “part of the health care overhaul due to kick in this September” could cause 1 million people to lose their medical care policies.

They’ll be cut loose because the new law bans insurers from placing caps on the benefits they pay out. This will force what are known as limited-benefit, defined-benefit or mini-med plans off the market.

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