Another Obamacare doomsday prediction, "Death Spiral", not panning out

Status
Not open for further replies.

senseamp

Lifer
Feb 5, 2006
35,786
6,188
126
http://www.bloomberg.com/news/artic...ts-cost-insurers-less-than-expected-last-year

Not so long ago, critics of Obamacare were warning of death spirals, the risk that too many sick people and not enough healthy ones would sign up for insurance, triggering a cycle of ever higher costs for insurers and steep premium hikes for consumers.
That didn't happen. In fact, a $10 billion cushion that the Affordable Care Act created to protect insurance companies from high-cost patients turned out to be more than needed, the government announced yesterday.

No wonder Republicans are trying to sabotage Obamacare at the SCOTUS, their prediction of it failing are coming up false one after another.
 
Status
Not open for further replies.