Last quote by Robert Laszewski
Robert Laszewski quotes
It's that the products being offered on the [Affordable Care Act] exchanges are just awful. People don't want to buy them. They are voting with their feet.
What I find most disconcerting is that the local Blue Cross plans are in a real bind here. One plan after another is reporting unsustainable underwriting results in the ACA exchanges but, given their long-standing commitment to their states, it isn't so simple for them to walk away as the big for-profits like United, Humana and now Aetna are doing. I don't think you can underestimate just how critical the instability of the ACA risk pool is.
People had hoped the risk pool would have stabilized midway through the third year.