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Author: Subject: Obamacare may utterly fail before a more workable plan can replace it.
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[*] Post 507636 posted on 14-5-2017 at 14:20 Reply With Quote
Obamacare may utterly fail before a more workable plan can replace it.



Here's a link.

http://nypost.com/2017/05/13/can-the-gop-replace-obamacare-before-it-finishes-dying/

Quote:
Democrats’ over-the-top assault on the GOP replacement for ObamaCare conveniently ignores the elephant in the room: ObamaCare is falling apart on its own.

Aetna announced last week that it’s pulling out of the last two states (down from 15) where it offered ObamaCare policies — following Humana, Cigna and UnitedHealth Group in giving up.

More and more states have just one insurer offering exchange policies, when competition between companies was key to the program’s design. Iowa is at risk of having no one offering ObamaCare coverage in 94 of its 99 counties next year — and other states aren’t far behind.

A “reform” that aimed at universal coverage is heading toward offering no coverage in the individual market in state after state.


Companies still writing policies are losing hundreds of millions of dollars, and haven't managed to skyrocket the premiums fast enough to cover the losses.

I fear that ignorant people who are suffering the collapse of Obamacare will wrongly associate their trouble with the Republicans who are trying to put something else in place that will work. Unfortunately, there is no simple reset button; the harm that has been done will not disappear.
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