I have been involved in the HC financing business for over 30 years and I know bad legislation when I see it. The MA reform legislation is some of the worst that I have ever seen. Let me tell you a little story that you should pass on to your MA political types.
I am a Vietnam Veteran and the MA legislation reminds me of a anti-personnel mine that the Viet Cong would set for american infantrymen – it was called a Bouncing Betty. When you stepped on this mine it wouldn’t initially go off until you took you foot off of it and then it would bounce up to waist high and explode.
The MA health care reform legislation is the MA politicians political version of the Bouncing Betty mine.
When the politicians that support this half-assed legislation realize that it is unworkable, it will bounce up and blow their political ambition to bits.
3 words underlie this scenario: Fiscal. Stewardship. Lacking.