Last year’s America’s Affordable Health Choices Act (also known as the PPACA) is slowly beginning to impact the marketplace. I have argued since I began this blog that the approach that was eventually passed into law was misguided as it did not address the root causes of the true primary issue: healthcare cost escalation. Now we are seeing unintended consequences of this misguided effort. Attacks on the insurance industry are simply driving players from market segments and will thus change the market in a very negative manner from the perspective of the consumer.
