We are in the beginning stages of a major market revolution. In the end, more product competition and price transparency will lead to more citizens being insured and lower insurance costs will prevail.
Many people are losing healthcare coverage or will see it reduced, meaning that there will be a greater likelihood of workers’ compensation claims.
Although there are many features of ACA that potentially provide value to the public, the flawed rollout, the delays in implementation and now radical changes to the structure of the ACA program very likely start to unravel the viability of the program.
When we oversimplify the problem of health costs, we risk being disappointed when investments in health programs don’t bring the savings we expect.