re: “How will insurance companies win if they lose a bunch of customers to Obamacare? I’m confused. Common sense says they’d compete with better prices and service for your business.”
I make no claim to be an insurance expert, but I believe the answer to your question is that private health insurance companies, in order to not only remain solvent and profitable, must charge their customers the REAL cost of what has been mandated to them by the government.
Obamacare, on the other hand, simply tells the doctors/hospitals/pharmaceuticals, etc. WHAT the government is willing to pay and WHAT they MUST accept as payment.
In other words, the government can undercut what private companies charge every time because the government is not interested in competition - just control. The more people who leave the private insurance companies, the more who will come under Obamacare - the more the control. See how this works? It is diabolical - or in laymen’s terms: EVIL.
thank you for your responses!