Obamacare Continues Not to Fail
From the Wall Street Journal: Insurers are expanding their Affordable Care Act plan offerings for next year, with the once-troubled business now generating profits, even as the overall individual-insurance market has shrunk. The insurers’ moves reflect the business’ improved finances after sharp rate hikes in previous years helped revenues catch up to claims costs. Premium […]
Further implication can be drawn from these numbers; people faced with a mandate to buy insurance and unreachable deductibles are trading buying healthcare for buying insurance.