Government Threatens To Black List Insurance Companies That Raise Rates

Obama Hovers Over
HHS Secretary Kathleen Sebelious

Like a Chicago Gangster, Health and Human Services Secretary Kathleen Sebelius is threatened to blacklist Health Insurance Companies that raise rates due to increased costs caused by HR 3590, Obamacare.

"There will be zero tolerance for this type of misinformation and unjustified rate increases." That may sound like a schoolroom scolding, But it's from a letter sent from Health and Human Services Secretary Kathleen Sebelius to Karen Ignagni, president of America's Health Insurance Plans, the chief lobbyist for private health insurance companies.

Ignagni, the recipient of the letter, points out, "It's a basic law of economics that additional benefits incur additional costs."

Sebelius objects to claims that health insurers are raising premiums because of increased costs imposed by mandates contained within HR 3590, and has "zero tolerance" for that kind of thing. She has threatened to blacklist any Insurance Company that impose unreasonable rate increases (a safe bet would take unreasonable as meaning any rate increase) from participating in Insurance Exchanges when they take effect in 2014.

Sebelius is threatening to put health insurers out of business in a substantial portion of the market if they state that HR 3590 increased their cost of doing business.

The first Amendment reads, "Congress shall make no law, abridging the freedom of speech, or of the press." Sebelius' approach is different: "zero tolerance" for dissent.

The threat to use government regulation to destroy or harm someones business because they disagree with government officials is Chicago style thuggery. just as it was when the Obama administration gave their United Auto Worker minions a hand out at the expense of Chrysler's bondholders who actually had something invested in the company. 

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