Obamacare Is Already Forcing Private Insurers To Lower Their Premiums

Obamacare Is Already Forcing Private Insurers To Lower Their Premiums: As Thursday’s development shows, that public information empowers consumers by forcing insurers to compete with one another to attract customers. Or to put it another way — and contrary to conservative fear-mongering about the law — Obamacare is working exactly as it was intended to. And with 24 million Americans expected to gain coverage through the marketplaces by 2016, that’s great news for Americans’ pocketbooks — as well as their health.