#38 Why Obamacare Might Collapse: Megan McArdle: How Do We Fix It?
For its opponents, Obamacare is a disaster - a classic example
of over-reach by an Administration that wants to expand the size
and scope of the Federal government.
Supporters say The Affordable Care Act is a triumph, benefiting
countless millions of Americans, while reducing the threat of
personal bankruptcies in medical emergencies crippling healthcare
"We have decreased the rate of
the uninsured by about a third," says our guest Megan McArdle, a
columnist at Bloomberg View. But Obamacare poses a
potentially fatal threat.
"What people are doing is they're gaming the system." Some with
health emergencies, who have inadequate medical insurance are
"signing up for a few
months, using a ton of services and then dropping it
Several large insurance companies say they are losing money on
the government-run exchanges. UnitedHealth, the nation's largest
health insurance firm, warned it would have to pull out if market
conditions didn't improve. Exchange enrollments... For information regarding your data privacy, visit acast.com/privacy