“Health plans […] health plans want to reduce uncertainty around how all the risk-sharing provisions in Obamacare will eventually play out. The legislation puts in place mechanisms that forces Washington to share with health plans some of the cost of the covering the sickest beneficiaries. But the regulations outlining these parameters were only released last Friday. Nobody yet trusts how they’ll work.To mitigate uncertainty, plans will price their products high. Insurers know that any excess profits they earn will have to be paid back to the government, anyway. Health plans are better off aiming high, and owing money back, then getting underwater.”
http://www.economicpolicyjournal.com/2013/03/mounting-evidence-obamacare-insurance.html
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