What Happens if the Individual Insurance Market Crashes?

What Happens if the Individual Insurance Market Crashes?
AP Photo/Andrew Harnik, File

The Trump administration is putting pressure on the fragile market for individuals who buy their own health coverage, which will almost certainly mean higher prices and fewer choices next year.

In his high-stakes strategy to overhaul the federal health law, President Donald Trump is threatening to upend the individual health insurance market. But if the market actually breaks, could anyone put it back together again?


The question is more than theoretical. Since Jan. 20, the Trump administration has already acted to depress enrollment in Affordable Care Act plans, has instructed the IRS to back off enforcement of the requirement that most people have health insurance or pay a penalty and threatened to withhold billions of dollars owed to insurance companies. All of those actions make it more difficult for insurers to enroll the healthy people needed to offset the costs of the sick, who make it a priority to have coverage.



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