2 results for search: Ramey


News Briefing for April 18

HEALTHCARE: Under Obamacare, Competition Is Costly For Consumers “Normally, market competition is good for consumers. More competition generally means competitors are battling each other to lower their prices and/or raise the quality of their goods. But when it comes to Obamacare, the market is working backwards, at least for people receiving health insurance subsidies through the exchanges. The more competitive the marketplace, often the more people have to pay for insurance. How did this happen? The Affordable Care Act, aka Obamacare, created a series of exchanges where people can shop for health insurance if they don’t already receive it from ...

News Briefing for Wednesday, December 3, 2014

HEALTHCARE: Americans Are Spending 42 Percent More on Health Insurance Than They Did in 2007 “Data on consumer spending show that spending on health insurance surged 42 percent from 2007 to 2013, according to analysis by the Wall Street Journal. The rise reflects the increasing cost of health insurance and the Affordable Care Act’s requirement that everyone buy extensive health insurance. Another feature shown by the data is the movement away from home-ownership and associated costs. Families are more likely to rent than in 2007, so mortgage spending is down and rent spending is up. Some of the other categories where spending fell – ...