Uncle Sam Wants You To Pay More For Healthcare
Original Image Sources: Library of Congress, Pixabay
Health insurance agencies have profited handsomely from the Affordable Care Act. For example, Optima Health, the only insurer on the Virginia exchange in 2018, posted record profits after tripling individual marketplace premiums. Indeed, the new legislation has helped some struggling insurers move back into the black. According to The Council of Economic Advisors, premiums have risen much more sharply than claims costs since introduction of the ACA.
Source: Whitehouse.gov
A quote from the same study indicates that