The Affordable Care Act relies upon competition to keep healthcare prices down. "The law will set up markets, known as exchanges, where people under 65 can shop for private insurance and get subsidies to help pay for it." Robert Pear, "Despite Democrats' Warnings, Private Medicare Plans Find Success" (New York Times Online, posted August 25, 2012). Feel free to ignore the misleading headline on the linked newspaper article. It was put there by an unknown person who clearly does not know anything about the subject.
The author is Co-Chair of the Health, Life and Disability Insurance Subcommittee of the American Bar Association Litigation Section.
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