Summary: Turmoil in the Health Insurance Market places

Summary: Turmoil in the Health Insurance Market places
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Background
The article highlights the challenges that have faced the market for the Affordable Care Act (ACA) as there is uncertainty in the health insurance marketplace and also looks at the factors that have caused the turmoil. Higher premium increases are just one of the issues affecting the adoption and full implementation of ACA. Morrisey suggests six viable policy options to address the challenges facing the ACA insurance marketplaces.
ACA features
The way the ACA was structured even those with pre-existing conditions especially the elderly were not to pay higher premiums than healthier people, but those who did not require the health coverage the most then faced higher premiums than before. There were also limits to the premiums the older people paid, which overburdened the healthier and younger people who were forced ...