One major question remains at the center of the health care overhaul’s ultimate success or failure — and Democrats and Republicans have spent the past three years each swearing they know the answer.
Will the law cause insurance premiums to skyrocket, as Republicans vow, or will it slow costs down, as Democrats predict? And, for now, neither side has concrete evidence. We’ll get a better idea of who’s right soon, when insurers announce 2014 premiums later this year. Insurance companies must roll out plans by early fall, in time to bid in the new insurance exchanges — which must be open for shopping Oct. 1 — and to make employer-based coverage open-enrollment periods.
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