Aetna announced in early August that it would not expand into additional Obamacare markets and that it might consider leaving existing markets. It's just the latest example of the failures of this massive healthcare law.
In an editorial, Investor's Business Daily declared: "Obamacare is failing exactly the way critics said it would." The outlet explained that Aetna had already lost $200 million thanks to Obamacare, but had expected to break even in 2016. That didn't happen, so the company will no longer expand into five additional states and is rethinking whether it will stay in the 15 states it already offers Obamacare plans.
Aetna is just the latest insurance company to deal a blow to Obamacare supporters and those who were forced to purchase plans through the exchanges. UnitedHealth Group announced in April itwould leave most Obamacare exchanges, after expecting to lose $650 million from the exchanges this year.
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We weren't just "Critics" back then.
ReplyDeleteWe were just the ones that had READ THE BILL BEFORE it was passed!
The numbers NEVER made sense.
ReplyDeleteThey just knew how stupid most people are. Their opinion of you is so low (how low is it!?) that the Speaker of the House (!) admitted that she DIDN'T KNOW what was in the bill she was passing, she was just going to pass it first and THEN "find out what was in it." I thought I was watching Saturday Night Live.
"We, the people" PAY THEM to "know what's in a bill" before they pass it.
It's her job.
YOU cheered it. THEY laughed and laughed, just like they are laughing now.
Because you're stupid.
They also might be laughing because I called them this morning asking where my $2500 was......