Cost shifting and Obamacare

A major argument of those in favor of Obamacare is that it will stop cost shifting.  The theory goes something like this…because so many people are not paying for medical care, health care providers make up that loss by increasing their prices, insurance companies pay those higher prices, and pass those higher prices on to their insureds in the form of higher premiums.  However, if everyone is forced to buy health insurance, the cost shifting will go away, and premiums will be lowered. Read more