You are correct.
Having said that, I’m not sure we have time to educate the population at large about it, and removing it from the bill as-is will just leave us with Obamacare still as it loses most of its support.
Of course, this current bill sucks too, but as I’ve said before it may be the best thing we can get out of these congressional cucks. For now, at least.
Government is insane when it comes to “insurance”. They never get it right. Case in point, the so-called “Federal Flood Insurance”. It is not insurance but rather an agreement between the federal government and someone that says that in the event of a flood money will be paid out. The premiums charged have no sound actuarial foundation and because of that the “claims” always exceed the losses to the point that FEMA/NFIP take money directly out of the US treasury to make up the shortfalls. That means that a taxpayer sitting on a mountain in the desert subsidizes the “claims” of someone sitting on the beach on the Gulf Coast in a low lying area who is going to have a flood.
We don’t elect the smartest among us and certainly not people with any common sense. Most of the turds in Congress are worthless.