Obamacare Has Been A Boon For The Insurance Industry

Increasingly, Obamacare skeptics—and even some supporters—are examining the degree to which Obamacare funnels taxpayer funds through the major insurance carriers, ostensibly to allow them to deliver more affordable coverage to consumers. But even if some of that money were to reach consumers as subsidies or lower premiums, much of it simply improves insurers’ bottom lines, rather than help those whom the law was supposed to benefit—consumers who need health insurance coverage but can’t afford it.

If there’s one unquestioned category of winners under Obamacare at this point, it’s the insurance carriers, for whom the law has been a boon in both revenues and profit margins.

via Obamacare Has Been A Boon For The Insurance Industry.

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