Obamacare (the Affordable Care Act) has proved a boon for health insurance providers since 2010, as U.S. law mandated insurance purchases by ordinary citizens. However, can the industry survive today's push by liberal and socialist Democratic thinkers for Medicare for All? Quite simply, the answer is no. Health insurance businesses will not survive in their present form if the 2020 election proves a tipping point for greater government intervention in the way medical and health services are delivered and paid in America.
Already, in 2019, President Trump has eliminated the Obamacare requirement for Americans