Monthly Archives: August 2016

ObamaCare is collapsing

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  ObamaCare is collapsing. Reeling from unexpected losses, private insurers are fleeing the ObamaCare exchanges or are jacking up premiums at a sickening rate. Customers are stunned by the ugly reality that, although premiums are subsidized, sky-high deductibles mean they pay more for health care than ever before. Severely restrictive networks compound patient unhappiness. More and more doctors are refusing to treat Medicaid patients because of the absurdly low reimbursement rates. ObamaCare’s nonprofit co-ops were supposed to provide cheaper coverage because they are nonprofits, but 16 out of 23 of them are financially busted and 6 more are on the …Read more »

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