For a supposed government takeover of health care, there is some serious evidence that Obamacare is actually making the individual health insurance market even more competitive than it was before the law.
The empirical results are mixed thus far, according to a new study from the Kaiser Family Foundation, but one of the authors told TPM on Monday that his takeaway from the law's opening act is that it's been a net positive on price competition.
"The bottom line in my view is that this is now a much more price competitive market," Larry Levitt, vice president at the non-profit, non-partisan foundation, said via email. "It will be hard for insurers to be much more expensive than their competitors and maintain market share."
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