Friday, June 03, 2016

So, you have two choices: the people who designed Obamacare

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 It has now withdrawn from 27 states.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 making.

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.

1 comment:

Crotalus said...

It is going exactly as planned. They mean to bankrupt the health insurance industry completely, leaving people dependent on government as the sole insurer. But they had to use the subterfuge of "Obamacare", because we wouldn't put up with a blatant government takeover of 1/6th of the economy. Soon, we will be dependent on the government. How better to control the people, than to be able to withhold necessary funds?