NEW YORK (Reuters) – As the U.S. Supreme Court prepares to rule on whether individuals in 34 states can continue to obtain Obamacare medical health insurance subsidies, economists are projecting billions of dollars in lost healthcare spending for hospitals, drugstores and drugmakers if the justices say the funds are unlawful.
However, there are also quite a lot of individuals who face rising premiums which more and more eat up bigger percentages of their revenue. For this group of individuals, the free market model is not working so nicely. While premiums are rising throughout the board, and on average have doubled over the past decade, sometimes even increased raises in premium are occurring, as a consequence of such things as merely having a coworker with an ailing baby, which thus produces larger rates for that whole company.
You would possibly assume you can escape this ‘share the load’ consequence by acquiring … Read moreRead more →