The House version of Obama’s healthcare “reform” outlaws individual private coverage:

The provision would indeed outlaw individual private coverage. Under the Orwellian header of “Protecting The Choice To Keep Current Coverage,” the “Limitation On New Enrollment” section of the bill clearly states:
“Except as provided in this paragraph, the individual health insurance issuer offering such coverage does not enroll any individual in such coverage if the first effective date of coverage is on or after the first day” of the year the legislation becomes law.

Tell me that they aren’t trying to bankrupt the healthcare insurers. Just what we need, more unemployment and our freedoms taken away.
Update: Evidently, it won’t be outlawed but regulated out of existence according to Heritage Foundation:

“Exchange-participating health benefits plan” in the passage he quotes above. In order to qualify as an “Exchange-participating health benefits plan,” all health insurance plans must confirm to a slew of new regulations, including community rating and guaranteed issue. These will all drive up the cost of health insurance. Furthermore, all these new regs would not apply just to individual insurance plans, but to all insurance plans. So the House bill will also drive up the cost of your existing employer coverage. Until, of course, it becomes too expensive and they just dump you into the government plan.
So IBD is wrong: individual health insurance will not be outlawed. But it will be effectively regulated out of existence… which is effectively the same thing.