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In reply to the discussion: Fixing ACA is EASY!!! [View all]

eniwetok

(1,629 posts)
7. my point simply was...
Sat Mar 25, 2017, 10:26 AM
Mar 2017

The rise in premiums is due to two main reasons... companies dropping out of counties and/or states leaving those who remain free to gouge customers... and the sabotage of the risk corridors where those companies facing large losses could largely make them up through an internal swap mechanism with those companies that were making out like bandits. The original idea was to have a national public option but the backup plan was to allow states to create their own with 1332 waivers.
http://obamacarefacts.com/2016/07/02/state-based-obamacare-alternative-sec-1332-waiver-for-state-innovation/
Having state based Public Options would not help much with non-cooperative states but the national Public Option would have ended these companies ability to play these games.

Latest Discussions»General Discussion»Fixing ACA is EASY!!!»Reply #7