Insurance Commissioner Sevigny’s “Reinsurance” Plan for Obamacare Isn’t Reinsurance; It’s a Bailout

Health insurers in New Hampshire have requested rate hikes of, in some cases, more than 40 percent for 2018.  In order to mitigate these anticipated increases, Insurance Commissioner Roger Sevigny has proposed what he calls a “reinsurance” program:

a pool of money that carriers in the individual market could dip into as needed. The program would have been primarily funded via a $32 million assessment on all of the insurers operating in New Hampshire, along with some federal money.

Sevigny’s proposal is not reinsurance as that term has been historically understood.

Reinsurance does not require government intervention.  It is a voluntary transaction between private insurers.  An insurance company insures part of the policies it has written with one or more other insurance companies.  The insurance company that wrote the insurance is protecting itself against claims being higher than anticipated.  The insurance companies reinsuring the policies are essentially betting that claims will not be higher than anticipated.

What Sevigny is talking about bears no resemblance to true reinsurance.  He wants to force insurance companies to pay into a government “pool of money” from which he will make payments to Obamacare insurers to cover their losses from Obamacare.

Sevigny’s faux-reinsurance proposal is wildly popular among the Democrats because it moves us closer to their ultimate goal – European-style single-payer.

Sevigny’s faux-reinsurance socializes –that is, hides– the true cost of Obamacare.  Insurance companies sell Obamacare insurance to certain demographics at a loss, then Sevigny covers these losses from the “pool of money.”  Of course, the “assessments” to fill the “pool of money” are funded by charging other insureds higher-than-necessary premiums.

Sevigny’s faux-reinsurance moves us toward single-payer because [o]ver time, the tendency will be to socialize more and more of the cost of health insurance and claim that the cost of health insurance is being kept under control.

Public Utilities Commission Says – More Green Pork

This past Friday, the New Hampshire Public Utilities Commission (PUC) lifted the so-called cap on net metering.  I explained net metering, and the “cap'” in a prior post, which I partially reproduce below.  In a nutshell, net metering forces electricity consumers who do not use solar to subsidize electricity consumers who use solar: Continue reading

Sununu’s Supreme Court Pick – Even Worse Than We Feared

I previously posted about Governor Sunna’s nomination of Bobbie Hantz Marconi to the New Hampshire Supreme Court here and here.  In brief, I was of the opinion that Sununu was playing identity-politics along the lines President George W. Bush played when he nominated Harriet Miers to the United States Supreme Court because Marconi has no experience in or interest in constitutional law.

I truly hate to say I told you so, given how rare and crucial supreme court appointments are, but I told you so. Continue reading

Questions the GOP Executive Councilors Should Ask Harriet Miers, er Bobbie Hantz Marconi, But Won’t

I previously posted about Governor Sununu’s nomination of Bobbie Hantz Marconi to the New Hampshire Supreme Court, likening it to President George W. Bush’s nomination of Harriet Miers.

The Executive Council, which must confirm the nomination, will hold a “public hearing” on the nomination.  Unlike hearings before the United States Senate, where a finite number of witnesses are called by each Party, the “public hearing” held by the Executive Council allows any member of the public to speak.

This makes hearings on judicial nominees before the Executive Council essentially a farce.  Judges should not be nominated based on their popularity with the public, but based upon criteria I discussed in a prior post: (1) Judicial Philosophy (2) Intellectual capacity (3) Experience (4) Integrity and (5) Demeanor.

Here are two questions the GOP Executive Councilors should ask the nominee, but probably won’t. Continue reading

The #VolinskyConstitution

UPDATE June 24, 2017:  Appears I was wrong and Bradley was right.  #VolinskyAgenda & fellow hard-leftist Dan Feltes (Communist – Concord) lobbied Democrat representatives to vote against full-day kindergarten.

As usual, I find myself in disagreement with State Senator Jeb Bradley (RINO – Wolfeboro).  More specifically, I think Bradley’s observation that Executive Councilor Andru Volinsky (Communist – Concord) is trying to create political-cover for Democrats in the New Hampshire House and Senate to vote against increased spending on kindergarten is wrong.

I think Volinsky believes that he can bluff the Legislature into increasing spending on kindergarten, failing which some Democrat lawyer will file a lawsuit along the lines Volinsky has sketched and that New Hampshire’s Democrat-appointed judiciary will expand the Claremont rulings to make “fully-funded, full-day kindergarten” a “constitutional right.” Continue reading

The Problem With Senate Bill 3

The problem with Senate Bill 3 is that it doesn’t go far enough, as explained below.  That said, it is a baby-step in the right direction that can be easily improved upon, and it probably is the best that can be expected under the current RINO (Republican-in-Name-Only) legislature.

If Senate Bill 3 is defeated, which would take GOP votes, it would mean the GOP chose to make no improvements to New Hampshire’s porous voting laws, give the Democrats -who have been flat out lying about Senate Bill 3- an undeserved victory, and embolden the Democrats to escalate their voter-fraud schemes in 2018. Continue reading

NH Democrats Lying About the AHCA (Just Like They Lied About Obamacare)

Democrats lied repeatedly about Obamacare, when they were trying to pass it.  The video below, for example, shows 36 instances when Obama lied about being able to keep your current healthcare plan.  Actually, Obamacare would have forced insurance companies to cancel millions of policies.

He also repeatedly stated that under Obamacare premiums would go down $2,500.00 per family.  Another lie.

Well, the Democrats are using the same tactic -lie- to prevent the repeal and replacing of Obamacare.  From the twitter feed of the New Hampshire Democrats (May 24th):

The statement that the AHCA kicks 23 million off health insurance is a blatant lie. Continue reading

Not Such a Clever Boy – Fisher Should Resign, Otherwise He Should Be Expelled

I think Sykfall was the best Bond movie ever.  The recent reporting by Daily Beast asserting that Representative Robert Fisher remains involved with the infamous Red Pill forum  reminds me of a scene from Skyfall in which the villain, Silva, hacks into mi6’s computers.

Anticipating that mi6 would attempt to access his personal computer, Silva, programmed his PC to hack mi6 and arranged his capture by Bond.  At 1:16 of the video below, after Q realizes mi6 has been hacked but can’t figure out how, a message appears on Silva’s computer “NOT SUCH A CLEVER BOY.”  What’s left out of this video is Q at the outset bragging about how easy it will be for him to get past Silva’s defenses:

Now, looking at Silva’s computer, it seems to me he’s done a number of slightly unusual things.  He’s established failsafe protocols to wipe the memory if there’s any attempt to access certain files. Only six people in the world could program safeguards like that.

Of course there are.  Can you get past them?

I invented them.

Right, then.

Let’s see what you’ve got for us, Mr. Silva.  We’re in.

Of course, that’s exactly what Silva was counting on:

Now, back to Mr. Fisher. Continue reading

Will Jasper Take the Easy Way Out, and Give Rep Sherry Frost (aka Rep Potty-Mouth) a Pass?

Needless to say, the #nhpolitics press will lose their minds if the House imposes any discipline on Representative Sherry Frost, aka Representative Potty-Mouth.  Their coverage has ignored Potty-Mouth’s clear violations of House rules, while portraying Republicans as throwing stones from a glass house.  For example, from the Concord Monitor:

As Republican Rep. Al Baldasaro criticized Frost’s online comments and defended his own past statement that Hillary Clinton should face a firing squad, House candidate Joshua Adjutant yelled at him from across the room to “shut the f— up.”

Democratic Rep. Ellen Read questioned why a male lawmaker wasn’t admonished by GOP leaders after she said he refused to take down a Facebook post calling Frost a “c—.” Read’s utterance of the swear drew loud gasps from the crowd and a stern word from the committee chairman.

But as Kimberly Morin has noted in her blog New Hampshire Political Buzz, it is undeniable that Representative Potty-Mouth has violated the principles of conduct set forth at the outset of the Ethics Guidelines.  More specifically, the following: Continue reading

NH House GOP Gets Rolled By Representative PottyMouth

What is wrong with this picture of Representative Sherry Frost and her “lawyer,” Paul Twomey, from this Wednesday’s hearing before the House Legislative Administration Committee to investigate whether Frost violated the House’s ethical rules?

What’s wrong with it is this:

[Art.] 22. [House to Elect Speaker and Officers, Settle Rules of Proceedings, and Punish Misconduct.] The house of representatives shall choose their own speaker, appoint their own officers, and settle the rules of proceedings in their own house; … 

The committee, which is majority Republican, allowed Frost and her lawyer to “settle the rules of proceeding.” Continue reading