02-27-2014, 05:48 AM
quote:
expected enrollments by 2016, as well as the average premium costs, to calculate how much the exchange could collect by exacting its 2% fee on each plan.
Analysts are predicting huge rate hikes by mid-2014 as the system "adjusts"...
As usual, I'm a little confused: purchasing insurance through the exchange means (1) the exchange is funded by their cut of your policy premium (2) you're eligible for a tax credit to pay that premium. Seems a bit like "robbing Peter to pay Paul" -- where is the money coming from?