Scotties Toy Box

July 10, 2017

Study: ObamaCare market ‘stabilizing,’ not collapsing | TheHill

Filed under: Economics, Health — Scottie @ 09:53

Excerpt below.   Hugs

“Early results from 2017 suggest the individual market is stabilizing and insurers in this market are regaining profitability,” the study finds. “Insurer financial results show no sign of a market collapse.”

Insurers’ financial results have improved since the initial couple of years of the health law, the analysis finds.

For example, it found that insurers in the first quarter of this year paid out 75 percent of their premiums in claims. That’s a significant improvement from the first quarter of 2015, when 88 percent of premiums were paid out for claims.

Average claims costs also grew slowly in the first part of this year, pushing back on fears that healthy people would drop coverage.

Source: Study: ObamaCare market ‘stabilizing,’ not collapsing | TheHill

 

2 Comments »

  1. They’ll still want to dump it because of it’s link to Obama. Then the insurance companies will gain ‘bigly’ and the uninsured will be in their millions. I’ve never known a political party who cares less about it’s voters.
    Hugs

    Liked by 1 person

    Comment by davidprosser — July 10, 2017 @ 10:14

    • well said David. Their care is not health. Their concern is the taxes they want to give back to their donors. Hugs

      Liked by 1 person

      Comment by Scottie — July 10, 2017 @ 10:54


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