The uninsured rate has declined almost 6 percentage points since late 2013, before the the ACA, or Obamacare, took effect.
Gallup and Healthways noted that the uninsured rate is at its lowest since the two groups began tracking the metric at the start of 2008. Consequently, the two warned that the rate may not any significant declines from this point forward. Enrollment for 2016 coverage begins on November 1, 2015, and the uninsured rates may dip slightly but less significantly than over the past year – Gallup argued that those who remain uninsured will likely be the hardest to convince.
“Recently Hilary Clinton announced her plan to try to control and lower the costs of prescription drugs. If prescription drug cost controls were to be put into place, health insurers would be the big winner in my opinion. If prescription drug costs are significantly reduced under the type of plan proposed, do you think health insurers would pass that cost savings to consumers? In my opinion there is no way that health insurers would pass these cost savings onto consumers through lower premiums. Therefore, if premiums remain the same and/or continue to grow and insurers have to pay less for prescription drugs their margins would expand significantly,” according to a Seeking Alpha post.
iShares U.S. Healthcare Providers ETF
