From the beginning, we’ve have been saying that Obamacare is a BAD IDEA for more than one reason. Heck, for more than 100 reasons really. Now of course, it is proving to be a total disaster.
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.
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8 comments:
Just as planned - "enter evil Obama laugh here"
Obamacare started coming apart as soon as it was passed. Remember all those special exceptions?
Try changing doctors these days. Everyone says we are no longer accepting new patients.
Wonder if Piglosa has read it yet or still doing what she does best...nothing.
Congress never read it, they just pushed it through. It doesn't matter, they'll all re re-elected again, that's how ignorant the democrats/liberals are.
Every problem with our health care system can be traced back to the private insurance companies. Try putting the blame where it belongs.
Obamy Care wasn't supposed to work.
It was supposed to be a small part (or big part) of the destruction of our once-great nation.
It is doing exactly what it is supposed to do.
The failure of Obama care will set them up for another power grab.
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