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Given that the ACA forced insurance companies to sell insurance to people they previously found unprofitable to sell insurance to, basic economics suggests that the ACA probably raised the cost of insurance. That's not to say it makes it a bad thing. I would actually argue the opposite.

Also the ACA requires insurance companies to make a max gross margin of 20%. This looks like a cost saving measure at first glance, but it's actually the opposite. Now insurance profits are actually increased by an increase in medical costs, and therefore the insurance companies are disincentivized to control costs.





So, no source?

[flagged]


> Do you really need your hand held on this one?

Uh, I do. Because it seems to be at least debated [1].

[1] https://econofact.org/factbrief/fact-check-have-healthcare-c...


If you believe that adding higher risk people into an insurance pool doesn't raise average costs, that is a conspiracy theory. Showing insurance rates over time is not relevant here because there are a million different reasons why the market as a whole will get more or less expensive.

> If you believe that adding higher risk people into an insurance pool doesn't raise average costs

The ACA did more than one thing.




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