body~politic

Monday, June 12, 2017

Obamacare Insurer Participation Declines 24 Percent in 2017

Obamacare Insurer Participation Declines 24 Percent in 2017



"That goal has not been realized, and by several different measures the ACA's exchanges offer less competition and choice in 2017 than ever before. Now in the fourth year of operation, the exchanges continue to be far less competitive than the individual health insurance market was before the ACA's implementation."
Diana Furchtgott-Roth, a senior fellow at the Manhattan Institute, said that Congress needs to repeal and reform Obamacare without delay.
"The Obamacare death spiral is continuing," she said. "As rates rise, healthy people drop out and the share of sick people rise, causing further increases in rates. Since these rates are capped then the insurance business becomes less profitable and companies leave the business."

Twitter

-view CSL mobile version -



Webring Translator Thingamajig