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Insurers Warn Losses from Obamacare Are Unsustainable
The Hill
Apr. 15, 2016 "Insurers say they are losing money on their ObamaCare plans at a rapid rate, and some have begun to talk about dropping out of the marketplaces altogether.... While analysts expect the market to stabilize once premiums rise and more young, healthy people sign up, some observers have not ruled out the possibility of a collapse of the market, known in insurance parlance as a 'death spiral.' In the short term, there is a growing likelihood that insurers will push for substantial premium increases[.]" MORE >> |
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