Obamacare Is Creating Monopolies For Insurance Companies
Only one insurance company will be participating on the Obamacare exchanges by 2017, affecting about one-third of all counties in the U.S.
The purpose of Obamacare was to improve “access, affordability, and quality in health care for Americans,” according to healthcare.gov. The study published Sunday shows it may actually be doing the opposite of it’s original intent.
Approximately 2.3 million enrollees will likely have just one choice of an insurance provider, up from just 303,000 people in 2016, according to a study published Sunday by the Kaiser Family Foundation.
The number of counties in America that have a single insurer participating in the exchange is astronomically higher in 2017, the research indicates. Some 225 counties (roughly 7 percent of American counties) had just one insurance option in 2016, and in 2017 that number is expected to rise to 974 counties (31 percent of American counties), according to the study. – READ MORE