Monday, July 22, 2013

Andrew Puzder: A CEO's-Eye View of ObamaCare - WSJ.com

Andrew Puzder: A CEO's-Eye View of ObamaCare - WSJ.com: "These kinds of responses are why I question the ACA's viability. The new law's success depends on young, healthy people who are lower-risk signing up for health insurance to offset the costs of insuring individuals who are at higher risk. If predominantly high-risk individuals sign up, health insurance is going to be very expensive. Yet, even after the ACA takes effect, people will still be able to get medical care at the emergency room. Further, the ACA prohibits insurers from denying coverage because of pre-existing conditions. In other words, individuals will no longer have much incentive to get health insurance as a hedge against the possibility of developing a medical condition."

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