Weatherhead's Ray Herschman warns of a destabilizing insurance market

Health insurance premiums increase

Spectrum News: Ray Herschman, adjunct professor at Weatherhead School of Management, warned that expiring ACA subsidies could cause dramatic premium increases—his own rising from $35,000 to $42,500 annually. He cautioned that unaffordable rates may force healthy people to drop coverage, creating "adverse selection" that further destabilizes the marketplace.