Insurers Know How to Control Premiums Under Obamacare but No One Will Like It

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Insurers Know How to Control Premiums Under Obamacare but No One Will Like It

Oct, 19th 2016

As expected, the success or failure of the Affordable Care Act, or Obamacare, has been a hotly contested talking point between presidential candidates Hillary Clinton and Donald Trump. Clinton, the Democratic Party nominee, would leave Obamacare firmly in place and build upon its strengths. There are certainly reasons for Clinton to believe that Obamacare can be the long-term answer to lower uninsured rates and better the quality of life in America.

According to the Centers for Disease Control and Prevention, the uninsured rate at the end of the first quarter of 2016 dropped to 8.6%, an all-time low. The individual mandate, and threat of a penalty for not purchasing health insurance, along with the issuance of premium and/or cost-sharing reductions to lower-income individuals and families, has been instrumental in pushing...

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