Obamacare may lower car insurance rates

2013-GMC-Sierra-Denali

Car insurance companies pay out quite a bit in damages for injuries when the injured are covered by health insurance. Now, with millions more getting coverage through Obamacare and expanded Medicaid, those potential liabilities will likely go down, and then that could have a positive impact on car insurance rates over time. This new dynamic is analyzed in a new study from the Rand Corporation.

  

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