Senator Jeanne Shaheen has not shown an iota of independent thinking since becoming Senator. She has been a lap dog for Obama. Shaheen is now towing the party line on health care and is touting the public plan option. She believes that New Hampshire is underserved by the private health care market. To support her claim, Shaheen cites the fact that only two major health insurers do business in the state of New Hampshire.
The Manchester Union-Leader nails Shaheen to the wall for her position:
In 1994, legislators passed Senate Bill 711, sponsored by state Sen. Jeanne Shaheen. The bill introduced what is called “community rating” to the state’s health insurance market. Insurers in the small-group market (businesses with fewer than 100 employees) were forbidden from denying coverage based on pre-existing conditions and certain demographic factors. They were allowed to charge the old only three times what they charged the young.
At the time the law passed, 26 insurers offered coverage in New Hampshire’s small-group market. Only eight years later, there were just five. Twelve years after the law passed, Rhode Island conducted a study of New Hampshire’s health insurance market to see what legislators there could learn. They found that Shaheen’s bill drove insurers out of the state and raised the cost of insurance for younger, healthier residents while lowering it for the old and sick.
A lack of government regulations is not the reason Granite Staters have so few health insurers to choose from. An excess of regulations is. And that excess was brought to us by Jeanne Shaheen.
Shaheen is clueless. If she intended to vote for ObamaCare, she should have stuck her head in the sand and waited this storm out. By speaking up, she exposed herself as part of the problem. She also exposed the effect that over-regulation can have on the market. Any wonder she has a reputation for being an intellectual lightweight.