Obamacare Adviser Zeke Emanuel: Uncertainty Driving Up Premiums
On "Press Pass" Former Obama advisor Zeke Emanuel says that Obamacare's uncertainty is driving up premium costs.
ZEKE EMANUEL: And the last thing of course is what happens with cost, which may be the biggest question of all. Can the premiums be capped relatively stable and not growing at ten, twelve percent. The first year is filled with uncertainty. No one, not the hospitals, insurers, or the federal government, know how many people are going to come in. Are they going to be a broad representation of the uninsured or will only the sick come in? That is a big fear of the insurance companies. That why you're seeing an increase in the rates. They're worried, we'll only get the sick, we're going to pay a lot of money, so we're increasing the rates because of uncertainty.
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