The key phrase in that story is: "Changing the rules after health plans have already met the requirements of the law could destabilize the market and result in higher premiums for consumers."
What that means is that the the insurance companies estimated the premiums for ObamaCare based on the assumption that the rules would create a certain pool of people. With the change in rules, the makeup of that pool will change. There will be fewer young, healthy people. That means higher per-person health care costs.
Get ready folks - your health insurance is about to get expensive....
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Here are some links:
- Oops.
- Only in Florida.
- I am at a loss for words....
- Key phrase in this story: "Sadly, only four have survived..."
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