Wow, who could have imagined: Big insurers wary of joining Obamacare exchanges.
Interesting, the article doesn’t mention utilization/claim uncertainty. Don’t think this is a problem? Consider that the Federal high risk pool had fewer enrollees than anticipated yet suffered cost overuns and had to stop accepting new enrollees.
South Carolina House passes bill making ‘Obamacare’ implementation a crime – Washington Times.
Earlier this year in her state of the state address, Gov. Nikki Haley said that South Carolina does not want and cannot afford the president’s plan, “not now, not ever.”
“To that end, we will not pursue the type of government-run health exchanges being forced on us by Washington,” she said. “Despite the rose-colored rhetoric coming out of D.C., these exchanges are nothing more than a way to make the state do the federal government’s bidding in spending massive amounts of taxpayer dollars on insurance subsidies that we can’t afford.”
Wow! No idea if the South Carolina Senate would pass this bill or if this is all “for show”.