We started the show tonight with former New York Governor George Pataki talking about the latest unintended consequence of Obamacare: some of the nation's biggest insurers are balking at participating on insurance exchanges that open in just three weeks.
That's a fine how-de-doo for a law that supposedly had the sign-on of all players in the health industry, but insurers are probably acting rationally: apparently their objection is that it's unclear how many already sick customers they will pick up by participating on the exchanges.
Think about it: insurers may find the only folks signing up are the ones that had pre-existing conditions and couldn't get coverage pre-Obamacare. And that is the very issue plaguing the law right now: the entire effort at reforming health care could fail if young, healthy people don't sign on. We'll be watching that in the coming days and weeks ahead!
The Willis Report with Gerri Willis investigates the top business stories, outs corporate scams and polices D.C. policy.