Tuesday, July 18, 2017

More Obamacare

The next key moment comes in two days. That’s the date when the administration -- which has threatened to let Obamacare fail -- is scheduled to make its next monthly subsidy payment to insurers under the ACA. Known as cost-sharing reduction payments, the subsidies were created by Obamacare to help low-income people afford to use medical services, and their legitimacy is the subject of a legal dispute.
No clear path

“There is no clear path out of this,” said Robert Laszewski, an insurance industry consultant who has been critical of Obamacare. “Individual markets continue to spiral downward partly because of the inherent issues in Obamacare’s market architecture and partly because of Republican efforts to make things even worse.” 

Adverse selection is unsustainable. 

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