Insurers may say 'we have to get out' if Obamacare repealed without replacement

[Yo_Mama_Been_Loggin]

If Republicans repeal the Obamacare individual mandate without a concrete replacement plan, we could see another year of big price increases and insurer withdrawals for open enrollment in 2018, according to a new report.

"The greater the uncertainty, the higher the rates," said Sabrina Corlette, a Georgetown University research professor and one of the authors of the new report, which was published by the Urban Institute and the Robert Wood Johnson Foundation.

"At a certain point you can't even price high enough to account for the uncertainty and it's at that point that the carriers say, 'we have to get out,'" said Corlette.

The researchers interviewed executives from more than a dozen health insurance firms over the last month, from companies that are offering plans on Obamacare exchanges this year. The uncertainty has many already weighing their participation next year.

https://www.msn.com/en-us/money/healthcare/insurers-may-say-we-have-to-get-out-if-obamacare-repealed-without-replacement/ar-AAmhSJl?li=BBnbfcN

Trump is probably screaming "FAKE NEWS!!!!!!!!!!!!!!" right now.

[riversedge]

1. This is part of the trump-repug plan--allowing these months/years of uncertainty for the

insurance companies--rates so high no one will buy their plans and companies drop out. Repugs can say--Obama care is failing, rates are increasing. YUP--it is part of their plan. And it is working if the OP is any clue.

[dalton99a]

2. Thousands will die.

[scscholar]

3. Oh whatever

It's been so profitable for them so they'll never quit.