HHS Secretary Kathleen Sebelius sent a threatening letter last week to a health insurance company claiming that the administration has “zero tolerance” for spreading “misinformation.” The health insurance company in question claimed ObamaCare would cause a 9 percent increase in their insurance premiums.
They aren’t alone. According to Cato Institute, the Rand Corporation estimated a 17 percent increase and Millman Inc estimated 10-30 percent increase.
As the Wall Street Journal stated, “”The Health and Human Services secretary…warned that ‘there will be zero tolerance for this type of misinformation and unjustified rate increases.’ Zero tolerance for expressing an opinion, or offering an explanation to policyholders? They’re more subtle than this in Caracas.”
The Cato Institute has a nice collection of reactions from across the country.
F.A Hayek has a refresher course on this very problem.