Obama Exchanges will Cause "Irreversible Shift"

A report from PriceWaterhouse Cooper (PwC)'s Health Research Institute says, "By 2021, the size of the exchange market is projected to more than double, marking the single largest expansion of health coverage in this country since the creation of Medicare in 1965...Public exchanges will create an irreversible shift in the insurance market that will ultimately change the way medical care is sold in the US. For the insurance industry, the new state-based exchanges represent a major business opportunity—an estimated $205 billion in premiums by 2021" Other reports say 98% of new spending in Obamacare -- $1 trillion -- is going to the health plans through the exchanges.

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