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John Merline | Will Only Suckers Buy ObamaCare Insurance?





For years, ObamaCare critics focused on its least popular feature — the  mandate that everyone buy insurance — taking their fight all the way to the  Supreme Court.

But as ObamaCare’s official launch date approaches, even its backers are  beginning to admit that the law could actually create powerful incentives for  millions of people and thousands of businesses to drop their coverage, despite  the mandate.

There is growing concern, for example, that the law’s market reforms will  cause a huge "rate shock," particularly for those young and healthy.

A February survey of major health insurance companies in five  cities across the country found that they expect premiums for this group to  climb an average 169%.

More.



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