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Obamacare 'death spiral' scenario is about the states, stupid

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As problems continue to plague the rollout of President Obama's health care law despite improvements to the federal website, one issue that continues to loom is the possibility of the dreaded “death spiral.” The term “death spiral” refers to an unraveling of the individual market if insurers are stuck with a disproportionate number of older and sicker enrollees with high medical...

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