Tags: Healthcare Reform | death | spiral | obamacare | cutler

Obamacare Architect Cutler: Lengthy Fix Could Prompt 'Death Spiral'

Thursday, 14 Nov 2013 10:40 PM

By Greg Richter

An Obamacare "death spiral" is possible if the fix President Barack Obama lasts more than a year, or if there is an imbalance in the exchanges, said David Cutler, Harvard economics professor, and one of the Affordable Care Act's architects.

Appearing Thursday on Fox News Channel's "The Kelly File," Cutler, a former senior healthcare adviser to Obama, said the program also could be doomed if healthy people stay away from the exchanges and sick people sign up.

The two disparate pools would create an unpredictable imbalance as people moved from one group to the other based on how healthy they are.

But Cutler stressed that he expects the one-year extension by Obama, allowing people to keep current plans, will not end in tragedy for the program.

"If it turns out to be temporary, then we'll be OK," he said.

Related Stories:


© 2015 Newsmax. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

CEI's Carrie Sheffield: Govt Suit Against S&P a 'Chilling Precedent'

Friday, 30 Jan 2015 21:27 PM

The government's case against Standard & Poor's over its rating of home mortgage bonds prior to the 2008 financial crisi . . .

FBT's Tom Hutchinson: Recession to Put Us in 'Deeper Hole'

Friday, 30 Jan 2015 20:44 PM

The U.S. economy is in great shape now, but the next recession won't be pretty, Tom Hutchinson, the senior editor of the . . .

Dinesh D'Souza: Romney Had His Chance and I'm Glad He's Out

Friday, 30 Jan 2015 19:01 PM

Conservative author and filmmaker Dinesh D'Souza says former Massachusetts Gov. Mitt Romney made the right choice in dec . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved