Chet Collins

Consumers to Face New Limits on Private Short-Term Health Insurance - WSJ

Under a proposed rule, the administration aims to limit short-term health plans to three months, or four months if consumers opt to extend them

Isn’t it wonderful when government bureaucrats, who rail in court filings about big corporations limiting “consumer choice,” who never have to worry about facing a job loss, a gap between jobs, or the spiraling cost of healthcare on their mega Cadillac plans, decide that they know what’s best for your family’s healthcare coverage?

Some consumers seek out temporary plans because they are generally less expensive than ACA plans, offer flexible coverage periods such as 30 days or three years, and can be obtained any time of the year rather than just during the once-a-year ACA open-enrollment period.

Huh, that’s weird. These plans are offering options that consumers actually want, and are willing to pay for without making their neighbors subsidize them via tax credits.

Short-term plans could provide coverage with fewer benefits at premiums 54% lower than ACA-compliant plans

They found this one weird trick online to save you money: they don’t charge male subscribers for maternity care.

This younger, healthier demographic is considered important for restraining premiums that could rise if mostly older or sicker people enroll in coverage.

Social Security worked out so well that we decided to bring that successful business model to health insurance!

The Biden administration plans to limit short-term health policies that are typically less comprehensive than Affordable Care Act plans, in part because of concerns the products undercut the Obama-era health law.

This isn’t about you, your family, your economic freedom, or your budget. It’s about them protecting their vanity project.

Everyone Wants Interest on Their Deposits. That’s Bad for Main Street Banks. - WSJ

The Fed’s hikes and the failures of a trio of midsize banks are prompting once-loyal customers to pull their money out of checking accounts that pay no interest.

Low interest checking accounts are the credit card of deposit accounts. The bank will pay you 0.1% on your deposits, then turn around and loan you money for a car at 6%.

And customers don’t like that… go figure.

Sparklers 🇺🇸

What the Supreme Court’s Rejection of Student-Loan Forgiveness Means for You - WSJ

Millions of Americans will have to prepare to repay the entire balance of their student debt now that the Supreme Court has overturned President Biden’s loan-forgiveness plan.

Weird, that’s what it said on their Master Promissory Notes.

Report Blames Top Biden Officials for Failures During Afghanistan Exit - WSJ

U.S. Embassy staff in Kabul were so concerned in the months leading to the pullout that they sent a rare classified dissent cable warning that the Taliban’s advance was coming sooner than the administration had anticipated and correctly predicted that Afghanistan’s military would be unable to stop it, as first reported by The Wall Street Journal.

Supreme Court Strikes Down Biden’s Student-Loan Forgiveness Plan - WSJ

As a presidential candidate in 2020, Biden said he would pursue legislation to erase $10,000 in student debt per borrower. Once in office, however, he confronted a gridlocked Congress where neither Democratic efforts to cancel student debt nor Republican bills to prohibit loan forgiveness survived.

It’s been a three year con. He didn’t get it through Congress when they had unified control, even though they passed plenty of profligate spending, this plan failed, and the new one will, too. Both chamber of Congress this year passed legislation rebuking the forgiveness… which required Democratic votes!

Let it go.

Why does every website have auto play videos now? I just want to read.