Friday, December 9, 2011

Obamacare's MLR 'Bomb' Will Create Private Insurance Monopolies and Drive Premiums Skyward. Hallelujah! - Forbes

Obamacare's MLR 'Bomb' Will Create Private Insurance Monopolies and Drive Premiums Skyward. Hallelujah! - Forbes: My Forbes colleague Rick Ungar has caused a stir by arguing that medical loss ratio regulations contained in Obamacare have put us “on an inescapable path to a single-payer system for most Americans and thank goodness for it.” Rick’s glee at this alleged development is interesting. However, the bottom line is that Obamacare’s MLR regulations won’t deliver us a utopia of government-run single-payer health care. Instead, they will usher in a new era of private insurance monopolies and significantly drive up the cost of health insurance, things that neither liberals nor conservatives should cheer.

What is a medical loss ratio?

See original work for more on this and other stories.

No comments:

Post a Comment

Spamming will be removed.

Due to spamming. Comments need to be moderated. Your post will appear after moderated regardless of your views as long as they are not abusive in nature. Consistent abusive posters will not be viewed but deleted.

Note: Only a member of this blog may post a comment.