The limits on supply do cause higher prices.
At the heart of Barack Obama’s vision for US healthcare reform were online marketplaces in which Americans would buy low-cost health coverage from thriving insurers. In Pinal County, Arizona, a semi-rural district outside Phoenix, it has not gone according to plan.
After three big insurers including Aetna said they would abandon so-called Obamacare exchanges next year, Pinal County faces the prospect of becoming the first place where not a single company wants to sell insurance on its exchange.
Monday, August 29, 2016
Barack Obama’s healthcare problems turn critical. Malfunctioning insurance exchanges are undermining president’s signature reforms.
The Financial Times reports:
Posted by Steve Bartin at 7:55 PM