16 February 2017
Insurance Company
Pull-outs
The announcement on 15 February 2017 that Humana will pull
out of Obamacare’s insurance exchanges is only confirmation that insurance
companies think that under Trump the ACA will inevitably be ended. They are happy that there will be a return to
a free market for medical insurance, and higher profitability for their
business.
Many people will lose their newly –won medical coverage, the
economic cost of American health care will go up, and the country’s short
flirtation with something approaching universal medical insurance will fade
away. It was probably a pipe dream that
the vaunted U.S. ideal of private enterprise could be successfully rolled into
a government-subsidized healthcare system , anyway. Now we will know another consequence of the
2016 presidential election.
Comments:
Post a Comment
