Thursday, February 16, 2017
The CEO of Aetna, one of the United States’ largest health insurance agencies, claims that statistics indicate that health law has entered into a “death spiral.” This is a result of healthier people dropping out, while premiums continue to increase. The Trump Administration is working on new efforts to make tax compliance with Obama’s health law less burdensome, hopefully changing the direction of the law and market. However, insurance companies are reducing their presence in the markets started by ObamaCare but looking forward to gaining more flexibility to design tailored coverage.
See ObamaCare in ‘Death Spiral,’ Aetna CEO Says, Fox News, February 16, 2017.