Laszewski, Back from Summer Vacation, Still Predicts Obamacare Train Wreck

Obamacare by from National Center for Policy Analysis, September 8, 2014

If I have one complaint about the summer of 2014, it was the absence of health insurance expert Bob Laszewski from his blog since July 31. Well, he came back last Sunday, and the summer break did not temper his criticism of Obamacare.

Obamacare supporters have applauded announcements of relatively moderate rate increases for 2015. Laszewski points out that the name of the game for insurers is market share. The risk-mitigation mechanisms that Obamacare erected (about which I recently testified at a Congressional committee hearing) largely immunize insurers from losses for three years, so premiums do not really indicate how much Obamacare is costing. Here’s Laszewski:

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