"Number of Obamacare insurers to rise by 25% in 2015"

[applegrove]

Number of Obamacare insurers to rise by 25% in 2015

by Dan Mangan at CNBC

http://www.cnbc.com/id/102025396#.

"SNIP......................


The number of insurers set to sell health plans on Obamacare exchanges in the upcoming open-enrollment period is 25 percent higher than for 2014, as 77 issuers jump into that market, federal officials revealed Tuesday.

Health and Human Services Secretary Sylvia Burwell said the boost in insurers willing to sell the new form of health insurance starting Nov. 15 is "a real sign that the Affordable Care Act is working."

"When consumers have more choices, we all benefit," said Burwell, who announced the expansion in the number of insurers selling Obamacare plans during a speech at the Brookings Institution in Washington, D.C. HHS noted that prior estimates have shown a correlation between greater numbers of insurers and lower costs.

Burwell's speech also highlighted what she described as successes of the Affordable Care Act, including reducing the number of uninsured adults by 10.3 million in the past year, expanding Medicare eligibility in more than half the states, and offering subsidized insurance on the Obamacare exchanges


......................SNIP"

[zipplewrath]

1. I can tell they hate this law

I can tell that the insurance companies really hate this law. Must be because it is so tough on them and is keeping their profits in check. They should be running like heck from it..... shouldn't they?