…So maybe one of you smart people can explain this to me.
Since, theoretically, everyone is now going to be required to purchase health insurance, but there hasn’t been an increase in health insurance providers to cover the soon-to-be huge surge in customers, what’s to prevent the insurance providers from raising their rates exorbitantly?
I mean, isn’t that what supply and demand is all about? We’re about to have a ginormous demand for health insurance but a limited amount of suppliers sooooo…massive price raising?
Maybe I’m wrong. I don’t know.