She is repeating what she hears around the office.
There are at least two condition, immediate term and longer. The rates may rise immediately to cover risk that can’t be evaluated with certainty. As time goes the rates can stabilize or trend down as the change or the perception of change clicks in.
The rates ultimately depend on the effectiveness of competition on costs. Unmentioned but certainly in the various bills are provisions for capping lawsuits and predatory lawyers.
I think I could forgive her if she “heard it around the office,” but she is the manager of a sleep lab and works directly with insurance companies. If I remember rightly, she was against it when Obamacare came out. So this sudden righteous indignation she has about it being “needed” is not going to cut it with her Ma!
But thanks, Bert, for ‘splainin’ that to me. I’m not a victim of it, except how it affects Medicare premiums and coverage, and my Medigap insurance is so effective that I only felt the change in a couple co-pays for tests. Otherwise, no.