are effing idiots, or this is going exactly as they wanted.
This month, UnitedHealth – the largest U.S. insurer — announced that
it would no longer sell exchange plans in New Jersey in 2017. It has
now withdrawn from 27 states. Last year, UnitedHealth lost about $475
million on the exchanges; this year, it’s projecting $500 million in losses.
The story is similar for other insurers. Many have decided to abandon
markets they have long served. That’s left people fewer options for
coverage. And with less competition on the exchanges, the plans that
remain have more freedom to hike premiums.
Obamacare is faltering. No matter who wins in November, the
next president will face a genuine crisis of the current president’s
And it defies logic to attempt to correct this entirely
predictable failure of government with “fixes” that give the federal
government even more control over Americans’ healthcare.
Except that that's exactly what Obama and Sanders and Clinton want. Control.