The U.S. Senate is switching directions when it comes to healthcare. Members will vote on a repeal of Obamacare that would go into effect in two years. This will give lawmakers more time to come up with a workable plan after the replace bill lost support. In Nebraska, only one company remains on the federal Marketplace – Medica. Insurance expert Art Jetter is the owner of Art Jetter and Company in Omaha and he says it is hard to plan ahead for the unknown. He says some people are taking other options and in some cases their own risks with insurance.
Jetter says, “Some people have gone to the religious based cost sharing programs. Some people have said I’ll just take the risk.”
President Trump sent a message to the nation on Twitter that “let Obamacare fail and then come together and do a great healthcare plan.”
Jetter says, “The great hope is the Marketplace gets retooled so that there is a reason for insurance companies to be in the health insurance business. It will bring back competition, market forces and drives down prices. That is the hope.” He says the problem here is the very people who designed this have an idea of managed competition. That is the people who don’t understand markets or competition are managing markets and competition.