I thank the President. Here is a third reason, in addition to government mandates and taxes, that will cause premiums to rise. We call it cost-shift. Premiums will increase because the bill dumps 15 million to 18 million more Americans into the government program called Medicaid. This is the analysis of the Chief Actuary on January 8, 2010.
The speaker discusses the impact of the Affordable Care Act on Medicaid and health insurance premiums.
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