The beginning of the end for insurers. In order to take on the increased risk of people with pre-ex ‘without’ being able to charge them higher premiums insurers will be forced to increase premiums on ‘everyone’. That will lead to healthy people opting NOT to get insurance but rather pay the small tax. If a healthy person gets sick since an insurer cant deny for pre-ex that person would just go and get insurance at that time. That means less and less healthy people insured and more and more sick people insured. Costs will be more than insurers are bringing in so they will raise premiums more and the above will continue. The death cycle will run its course until the intent of obamacare has arrived. Single payer.
“The beginning of the end for insurers”
All the “insurers” in Massachusetts gone under?