The fate of Obamacare hinges on the success or failure of its new online shopping centers where people can sign up for coverage, dubbed Health Benefit Exchanges by the 2010 Affordable Care Act and Health Insurance Marketplaces by the Obama administration. The idea was to create an Expedia for medical coverage instead of airplane tickets, where insurance companies compete to offer affordable plans, mainly to those who don’t get insurance at work. The big question has always been whether the exchanges will attract enough healthy young people to offset the cost of older or sicker enrollees — even though for months that was put on hold as the government struggled to get the botched federal website to work.
Read the full report here.
