What, you think the carriers forgot how to package and market medical insurance?
Once unleashed, and maybe before, they'll be going hog-wild writing new business in the individual market...and unlike before, selling it nationwide.
It'll be "survival of the fittest" as the least regulated/best organized entities hit the track...the carriers from loser states will bog down and leave the race.
Thank you, thank you, thank you. Free enterprise wins every time over socialism/redistribution. I've talked with my own Doctor about Obamacare many times and he has said the same.
I wonder about this. Obamacare would have led to a dismantling of at least some of the mechanisms involved with traditional insurance rating and packaging of products, as Obamacare made conventional health insurance illegal. I imagine there is considerable institutional memory in the industry, which will continue to dwindle over time, but there will be some retooling required.
Beyond that, the situation prior to Obamacare was not good. There will still be the problems related to the uninsurables, and the freeloaders. Obamacare was basically a mechanism for subsidizing the uninsurables and freeloaders by converting the insurance system into a socialized welfare system.
I don't waste too much time worrying about the freeloaders, but the repeal of Obamacare is the time to enact a serious fix of the longstanding problems in the U.S. health insurance system. Repealing Obamacare will not, in itself, attack the root of the problem, which is the third party payment system which leads people to think that their health insurance is someone else's problem.