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Thursday, December 12, 2013

Why Are Obamacare Exchange Policies So Bad?

Mises Daily: Thursday, December 12, 2013 by Hunter Lewis

As millions of people began to lose their old medical insurance policies, President Obama and other Obamacare supporters replied that the new exchange policies were better. This was another lie.

Obamacare exchange medical insurance policies are much worse than previous private policies. They not only restrict access to hospitals and doctors more severely than ever before. They also pay doctors much less, in some cases 50 percent less.

In the past, private insurance companies paid doctors more than Medicare, and Medicare more than Medicaid. No longer. Now private Obamacare policies will pay barely more than Medicaid. Consumers should avoid these new exchange policies if at all possible....To Read More.....

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