To save obamacare, Obama wants to ban short term health insurance.

[ShootSpeeders]

obamacare is such a failure. Govt cant do anything right.

Obama Wants To Block All The Exits From ObamaCare

But if ObamaCare insurance is so great, then why is Obama trying to outlaw a private sector alternative that has become hugely popular?

These plans, called short-term health policies, provide coverage for up to a year. But they don’t comply with ObamaCare’s mountain of mandates and regulations — they don’t cover pre-existing conditions, maternity care, etc.

As a result, they don’t qualify as “insurance coverage” under the law, so anyone who buys such a plan still has to pay the ObamaCare penalty tax.

Nevertheless, consumers have been snapping these short-term plans up because premiums are so low, even with the ObamaCare penalty. According to eHealth, nearly 147,000 applied for coverage on its site last year, which was more than double the number before ObamaCare kicked in. HealthMarkets reports that sales last year were up 150% compared with 2013.

Think about it. A healthy, 30-year-old nonsmoker living in Virginia who makes $35,000 a year could buy an ObamaCare Bronze plan with a roughly $6,000 deductible for $184 a month. Or she could sign up for a short-term plan with a $5,000 deductible for as little as $58 a month, according to eHealth.

Now the Obama administration plans to shut these plans down. A proposed rule would limit coverage to less than three months, and would forbid anyone from renewing a short-term plan.

Why in the world would the administration want to kill a thriving insurance market that is clearly meeting a public need?

The reason is simple. Not enough young people are signing up for overpriced ObamaCare plans, and so Obama wants to cattle-prod them into the ObamaCare exchanges, whether they like it or not. And since these short-term plans were proving to be a successful escape valve — particularly for the young — they must be destroyed.

Health and Human Services Secretary Sylvia Burwell admitted as much when she described short-term plans as “a loophole.”