From Scott Rasmussen: Currently, insurance companies are protected from losing money during the first three years of the health care law’s implementation. Whatever they lose, the government will cover the cost. That means insurance companies can keep prices low to attract customers- secure in the knowledge that the government will bail them out if needed. Starting in 2017, though, the insurance companies will lose their government guarantee. If they keep prices artificially low, they will lose money. That’s not likely to happen, and it’s hard to imagine any public support for an ongoing insurance company bailout. Prices will rise; the only question is how much. The new pricing, without the government guarantee, will be announced in the summer and fall of 2016 — prime time to damage the Democratic presidential candidate. President Obama won’t be on the ballot in 2016, but his health care law will still be helping the GOP. youtube/watch?v=c0A7jAVDPJU
Posted on: Thu, 18 Sep 2014 03:27:22 +0000
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