Yesterday I teased you about a “secret weapon” that can save Obamacare. Here it is:
- Pre-existing conditions
Obamacare requires insurance companies to insure anyone who wants coverage, no matter what kind of pre-existing conditions they have. It also requires them to sell this coverage at the same price they sell to everyone else. Unless Republicans go nuclear—by eliminating the filibuster or threatening to fire the Senate parliamentarian—they can’t repeal this without a bunch of Democratic votes. And as long as the pre-existing conditions ban is in place, repealing Obamacare, with or without a replacement, will wreck the individual insurance market.
I mean this literally: Most likely, every insurance company in America would simply exit the market. Something like 7 percent of Americans would flatly have no source of insurance. This is political suicide, and Republicans know it. Hopefully, Democrats know it too.
My full story about this is here. I recommend that everyone read it. If Democrats want to save health care reform, this is the hammer that will allow them to do it.