Tuesday, May 10, 2016

What will be the Future of Affordable Care Act?

While the Affordable Care Act has reduced the number of uninsured Americans, the future may once again show that uninsured amounts will raise if the individual mandate is struck down.


The future of the Affordable Care Act and health insurance exchanges might not be as favorable as the Obama administration had expected. Several fear that the major health insurer UnitedHealthcare leaving the state-based exchanges could lead other payers to drop out. Furthermore, the upcoming health insurance mergers between Aetna and Humana as well as Cigna and Anthem could lead to significant issues for the consumers, as premium costs of health plans could increase quickly.


With UnitedHealthcare dropping out of the Exchanges, some critics say the Affordable Care Act may not sustain all of its provisions well into the future. While the Affordable Care Act has reduced the number of uninsured Americans, the future may once again indicated that uninsured rates will rise if the individual mandate is struck down while the number of high-deductible health policies may proliferate around the country. Paul Ketchel, the Founder and CEO of MD save, provided his perspective on the future of the Affordable Care Act.

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