Insurers Fret Over ACA’s Future
By Bernard J. Wolfson, The Orange County Register | |
McClatchy-Tribune Information Services |
For
Gilbert also expressed doubt about the ability of the health insurance industry to absorb the new people who do sign up.
"There will be a lot of people getting care who won't be used to the system," he noted. "It's a whole new population we don't really know about; we don't know what their needs are."
"I worry about the financing of all of this," she said, adding that "it comes at a huge cost" and can't be paid for by adding to the federal government's already massive debt.
A 40 percent excise tax on high-cost, or "Cadillac" health plans, is unlikely to meet its
And a tax on health insurance that is expected to bring in
The bottom line for Obamacare, she said, is "where the money is going to come from, and if it doesn't come, what happens to the program?"
The three executives were sanguine about the rough early rollout of the public exchanges. Markovich said it would be "fairly dangerous" to draw long-term conclusions based on the experience in the first four weeks.
"We're talking about the Wright brothers, not the
Contact the writer: 714-796-2440 or [email protected]
___
(c)2013 The Orange County Register (Santa Ana, Calif.)
Visit The Orange County Register (Santa Ana, Calif.) at www.ocregister.com
Distributed by MCT Information Services
Wordcount: | 525 |
Washington Taxi Drivers Form Association With Teamsters Union
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News