An Excellent Question
Via Instapundit, Cato@Liberty has a question for the President:
(I'd also add "Why the hell is it any of your business how much of my compensation I want to spend on healthcare?" but that's just me.)
The rationale for your proposed tax on high-cost health insurance plans is that it would encourage people to purchase less-comprehensive coverage and thereby reduce health care spending.
If that’s a good idea, then why is it bad when insurers raise premiums?