| ▲ | cyberax a day ago | |
Insurance prices _dropped_ in NY after the ACA was enacted. Not "slowed down the growth" but actually dropped in absolute numbers. That's because NY had enacted a coverage mandate even before the ACA, so insurance companies were forced to offer policies to everyone. This resulted in a runaway spiral where only sick people were getting insurance. The ACA forced all large employers to buy insurance, greatly increasing the risk pool. | ||