Obamacare exchanges are imploding nationwide, and Democratic nominee Hillary Clinton is pushing for a government-run public option as a solution to the failing healthcare system.
It’s hard to imagine a situation in which Obamacare could get any worse: 16 healthcare co-ops have gone under, the Tennessee Health Commissioner is saying the state’s Obamacare exchanges are “very near collapse,” and analysts can’t even fathom a positive future for the system in either the short or long term
UnitedHealth Group is exiting 31 of the 34 exchanges in which they participate and Aetna is leaving 11 of its 15 states by the end of 2016. Some 75 percent of exchanges will have narrow insurance options in 2017, a figure up markedly from 64 percent in 2016 and 55 percent in 2015, according to Becker’s Hospital Review. In fact, five states are likely to have just one insurer in 2017, according to the Kaiser Family Foundation.