It’s obvious that ObamaCare has been a total train wreck. The past several years we’ve seen collapsing exchanges, skyrocketing premiums and millions of policies cancelled.
Over the past year, we’ve seen major health insurance companies abandon this massive failure. Now one of the top health insurers has said enough is enough.
Here’s the report from the Young Cons and The Hill:
“Aetna, one of the largest health insurers in the country, announced Monday that it will significantly scale back its presence on the ObamaCare marketplaces next year in a blow to the health law.
“The move from Aetna comes as a range of insurers have complained of financial losses on the ObamaCare marketplaces. The company said that it will scale back from participating in 15 states this year to just four states in 2017.
“It cited a loss of $200 million in the second quarter.
“[It’s] important to keep in mind that liberals love stuff like this so you won’t see them shedding any tears.
“Heck, they almost nominated a guy in Bernie Sanders who openly brags about how he wants these companies to lose all their money and have to fire people.
“Heck of a job there Mr. President!
“I’m sure he will find some convoluted way to tell us things are going well because he knows this might be his biggest failure.”
Either ObamaCare was the dumbest policy ever enacted… and/or it’s an intentional “Trojan horse” designed to make the system even worse so that Americans would beg for universal or single-payer health care – similar to Canada and Great Britain.
We believe it’s the latter. Americans wouldn’t see higher health insurance premiums if we truly had a free-market health care system. Socialism in any market or any country has never “worked” to provide a lower-cost, higher-quality product or service.
Do you think ObamaCare was intended to “work” like this – costing insurance companies billions of dollars before bailing out entirely?
Tell us what you think in the comments section below.