Obamacare on Death Bed as Enrollment is Half the Expected Rate (the Unprofitable Half); Mispriced Insurance and Unstable Economics to Blame

*
*
Too bad Obama rejected the Public Option – and the proposal to expand Medicare (which is cheap and efficient to run) to everyone.

MishTalk

Obamacare is facing the hard knocks of reality. Selling overpriced insurance to the healthy and underpriced insurance to the sick is not a good model for insurance companies.

Aetna is the latest insurer to say it has had enough. Aetna announced it withdraw from 11 of 15 states where it currently offers plans through the exchanges.

Pinal County Arizona, in the Phoenix area, may have no insurers offering plans.

View original post 824 more words

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.