February 9, 2012 9:26AM

RTD: ‘Insurance Exchange: Just Say No’

By Michael F. Cannon

Regarding legislation to create an ObamaCare “Exchange” in Virginia, the Richmond Times‐​Dispatch explains:

Republicans at the General Assembly are falling prey to the fallacy of the false alternative…


[H]ere are the real options facing Virginia: (a) federal bureaucrats determine the form of our exchange, or (b) federal bureaucrats determine the form of our exchange. There is no (c)…


Running a health‐​insurance exchange would cost a lot of money — money Virginia does not have. Since Washington will dictate how it will be run, Washington should pick up the tab.