On Wednesday, open enrollment begins for the fifth time under Obamacare. There is much uncertainty in the insurance market and premiums are expected to continue to rise. According to Gallup, the uninsured rate rose to 13 percent, up from 10 percent last year — most experts attribute the rise to ballooning individual insurance costs, diminished choice, and competition (due to the exit of many insurance providers), as well as volatility within the insurance market. Insurers need to be able to predict their payouts and costs year after year in order to more accurately price premiums. With the state of Obamacare in limbo due to inaction in Congress, predicting the future of healthcare has been difficult.
Shaky Ground
Premium Employers
