Pelosi’s Bill Attacks Price Gouging

Which is like attacking the Tooth Fairy. Good luck!

SEC. 104. SUNSHINE ON PRICE GOUGING BY HEALTH INSURANCE ISSUERS.

The Secretary of Health and Human Services, in conjunction with States, shall establish a process for the annual review of increases in premiums for health insurance coverage. Such process shall require health insurance issuers to submit a justification for any premium increases prior to implementation of the increase.

Here’s the whole Halloween-scary bill.

The word “penalty” appears 114 times in the bill.

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5:08 pm on October 30, 2009