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Exchanges Will Raise U.S. Healthcare Costs
Bloomberg Link to more items from this source
[Opinion]
Oct. 7, 2013

"[T]he architects of the health-care exchanges ... have assumed that if insurers are prevented from competing on benefit design or on underwriting, they will compete on price. But why should they compete at all? ... [They] have also assumed that consumers, by shopping for the best deal, will drive down premiums. However, a major flaw in the design of insurance subsidies will insulate almost all of the initial customers ... from concern about how much their policies cost.... There's one more big assumption ... that the price of health insurance passively mirrors the price of health care. But there's plenty of evidence that insurance itself can drive up the cost of care[.]"

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