“Walgreen’s is the latest firm to drop an in-house health insurance plan. It will pay workers a flat rate. Workers will then have to find a decent plan. Workers will soon find how slim the pickings are. This may make insurance companies more competitive. But there is a huge problem. Large companies got low rates because everyone was insured. The law of large numbers took over. High-risk employees were offset by all the low-risk employees. Now each person will be considered as a separate applicant. High-risk people will be identifiable. Obamacare says that they must get coverage. But will they? We don’t know yet. The health care insurance exchanges are not ready for prime time yet.”
Related posts:
The Fed is Killing the Middle Class
Jim Rogers: "Sell Everything & Run For Your Lives?"
Paul Craig Roberts: We No Longer Have Free Markets
NYPD officer charged with multiple felonies for unlawful arrest of Times photographer
Why Clipperz is moving out of US
House Republican Claims Reagan Stood Up To Chemical Weapons Use
IRS makes useless paperwork less onerous for U.S. Persons in one country
World View to offer high-altitude passenger balloon flights
Gary Johnson Issues Statement on Syria
Two Gold ETFs Ripe For A Buy: GDX, GDXJ
Sheriff Indicted For Locking Down Entire School, Sexually Assaulting Kids
Israeli Regulators Take “Wait and See” Approach on Digital Currencies
Former MSNBC host Dylan Ratigan, now organic farmer, thanks marijuana growers for hydroponics
Detlev Schlichter on Sky News with Jeff Randall - Paper Money Collapse
KnCMiner Launches Neptune ASIC Bitcoin Miner With at Least 2TH of Power