The Swashbuckling Campaign to Destroy Obamacare Hits a Wall

By artappraiser on Thu, 02/02/2017 - 3:43pm |

By Robert Pear & Reed Abelson @ NYTimes.com, Feb. 2

Great article, highly recommended. The bald truth summarized therein:

[....] Insurers say Republicans’ mixed messages and slowing pace could send premiums soaring next year while making the market much less stable. The deadline to file rates for 2018 is this spring, and insurers say they need time to decide what kinds of plans to offer and to set prices.

“We need stability and predictability,” said Marilyn B. Tavenner, the chief executive of America’s Health Insurance Plans, the main lobby for the industry.

Unless Congress continues cost-sharing subsidies, to reduce out-of-pocket costs for low-income people, and a reinsurance program, to help pay large claims, she said, more insurers will pull out of the market [....]

URL:

https://www.nytimes.com/2017/02/02/us/politics/the-swashbuckling-campaign-to-destroy-obamacare-hits-a-wall.html