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The Answer to Obamacare's Exploding Costs

By Dave Williamson - Apr 12, 2013 at 8:03PM

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Could this be the answer to Obamacare's implementation costs?

Obamacare is racking up expenses, in particular, with the creation of insurance exchanges. In this video, David Williamson looks at this feature of Obamacare, and a possible free market solution. The problem is that these exchanges are proving more expensive than originally thought, up to an estimated $5.7 billion for 2014. No wonder less than half of the states in the country have come on board. One solution is an online insurance exchange. A form of such an exchange already exists. Will it work for a nationwide insurance market? Hard to say. On the one hand, it could offer small businesses unprecedented access to insurance plans. On the other hand, an online market may simply offer those plans with the best commissions and not the best deals. (EHTH -2.50%)

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Stocks Mentioned

eHealth, Inc. Stock Quote
eHealth, Inc.
EHTH
$9.76 (-2.50%) $0.25
Aetna Inc. Stock Quote
Aetna Inc.
AET
UnitedHealth Group Incorporated Stock Quote
UnitedHealth Group Incorporated
UNH
$493.69 (0.33%) $1.61
Anthem, Inc. Stock Quote
Anthem, Inc.
ANTM
$501.20 (1.28%) $6.35
Cigna Corporation Stock Quote
Cigna Corporation
CI

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