State Insurance Official Says Individual Market Would Fail Under Trumpcare

The Obamcare repeal is projected to send individual health market consumers running for the exits, which would leave health insurers stuck covering only the sickest, most desperate people, leading to a death spiral, according to Pat Allen, the director of the Department of Consumer & Business Services.

A top Oregon state health insurance official told reporters on Wednesday that he anticipates Trumpcare would send the individual market into a death spiral if enacted, sending younger and healthier people fleeing and only the most desperate and sickest consumers left buying health insurance.

Source: State Insurance Official Says Individual Market Would Fail Under Trumpcare | The Lund Report