Quote:
Originally Posted by Boreas
I have no doubt whatsoever that when the Republicans retake Congress in November and repeal Obamacare health insurance rates will plummet.
John
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There's no question that the federal coverage mandates in the PPACA have an impact on premiums for both individual and group policies. Estaimtes range from 0 - 2% for large group policies, to 5 - 7% for many small group policies that will require signficant adjustments in coverage.
I doubt seriouly that PPACA will be repealed if the majorities change in Congress following the November elections. At most, if the Republicans attain a majority, there might be leeway to change funding for some requirements of PPACA. However, the President still has the power of the Veto.