Saturday, July 1, 2017

Affordable Care Act Marketplace: Growing Uncertainty, Losing Providers

It’s been a rough year for Obamacare, and if the developments in Washington are any indication, it’s not going to be better anytime soon. In the past several months alone, the program has experienced a rapid decline in the number of enrollees, including dropouts.

The reason behind this is pretty obvious: the new administration had been harping on their plan to repeal and replace the Obamacare, and the Republicans in Congress did not waste any time getting to work on it. There was a snag, however, and the proposed replacements for Obamacare were not deemed good enough to pass legislation. So for now, the Obamacare act remains standing, albeit very tenuously.

Lingering Concerns

Because of these developments, insurance providers are understandably wary about continuing on with their business. As such, many of them have been closing shop, much to the dismay of their enrollees. Read more from this blog:

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