WINNING rate increases??? Sorry NYT, in a free market, a seller doesn't WIN a rate increase. He may CHARGE a rate increase, but in a free market, a buyer can simply find another supplier who doesn't charge as much.
.......Oh, wait!!! We now have Obamacare. I guess free market rules may no longer apply. The NYT may be right after all. One does WIN a rate increase when a government panel allows the WIN.
True, most people will try to get what they can afford.
I really don’t understand how insurance companies would think this is wise. Maybe my own thinking is too simplistic and am speaking out of ignorance (forgive in advance then) =
If I can’t afford your insurance anymore- I’d have to go with a cheaper option which I suppose could be Obamacare right?
How will insurance companies win if they lose a bunch of customers to Obamacare? I’m confused. Common sense says they’d compete with better prices and service for your business.