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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

    Display: Sort:
    answers (5.00 / 1) (#10)
    by Abigail on Sat Jan 21, 2012 at 03:05:43 AM EST
    Seth9, thank you for asking! Given the party line, it's no wonder you ask about the connection of this testimony to Obamacare. Needless to say, they're not giving the whole story. This is lifted from Sen Marleau's letter posted below, and is standard for SB 693 supporters: "Choosing to do nothing would result in the Federal Government opening an insurance exchange in our state and effectively becoming Michigan's new regulator of health insurance."
    The facts:
      1) PPACA does not provide money for the feds to form exchanges. So what would really happen is NO exchange, unless Congress had the insanity and nerve to pass additional appropriations for Obamacare.
    http://cciio.cms.gov/resources/fundingopportunities/foa_exchange_establishment.pdf
      2) ANY exchange, no matter how formed, by whom, or with whatsoever provisions to the contrary, will be run by federal rules. These have already been written: http://www.gpo.gov/fdsys/pkg/FR-2011-07-15/pdf/2011-17610.pdf
      3)As the above link demonstrates, Exchanges are no free marketplace, but the wide open door to the 2700-page regulatory nightmare that is Obamacare. By corraling insurance into an Exchange, and channeling reimbursement through it, providers and patients are also brought under this behemoth of federal control. 11,000 private insurance agencies are expected to go under. Every participant's private health information is opened to at least for federal agencies. Hence my adamance that it must be stopped and repealed. http://www.cchfreedom.org/pdf/Obamacare-Chart-JEC2010.pdf
      4)In short, to answer your Q 1, an Exchange in MI would indeed exacerbate our current regulatory morass by a factor of at least 10. And most certainly it is incompatible with every bullet point, designed to decrease the same.

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