Obamacare...The Good..Bad and the Ugly

[mr40]

Obammacare is already on crutches as insurance companies and doctors pull out of it. All the idiots who spoke about it failed to reveal the obvious.

Here are a few headlines but apparently the libs can't read!

Insurers warn losses from ObamaCare are unsustainable

Health insurance companies are amplifying their warnings about the financial sustainability of the ObamaCare marketplaces as they seek approval for premium increases next year.

Insurers say they are losing money on their ObamaCare plans at a rapid rate, and some have begun to talk about dropping out of the marketplaces altogether.

And a report from McKinsey & Company found that in the individual market, which includes the ObamaCare marketplaces, insurers lost money in 41 states in 2014, and were only profitable in 9 states.

http://thehill.com/policy/healthcare/276366-insurers-warn-losses-from-obamacare-are-unsustainable

Minnesota’s Biggest (And Cheapest) Obamacare Insurer Drops Out Over Overwhelming Costs
The largest insurer with the lowest premium rates on Minnesota’s Obamacare exchange is dropping out because the government health-exchange is unsustainable, the company announced Tuesday.

PreferredOne Health Insurance told MNsure, the state-run exchange, Tuesday morning that it would not continue to offer its popular insurance plans on the marketplace in 2015.

Read more: http://dailycaller.com/2014/09/16/minnesotas-biggest-and-cheapest-obamacare-insurer-drops-out-over-overwhelming-costs/#ixzz4cTNEu3S5

ObamaCare in 'death spiral,' Aetna CEO says

Published February 16, 2017 FoxNews.com

Trump administration moves to 'stabilize' ObamaCare markets

The leader of one of the U.S.’s largest health insurance agencies—who has been saying for months that ObamaCare is on the ropes-- said Wednesday that statistics indicate that the law has now entered a “death spiral.”

Aetna’s CEO Mark Bertolini told The Wall Street Journal that the health law’s market is nearing failure because healthier people have dropped out while premiums continue to climb.

Health insurer Humana announced it is leaving the law’s public insurance exchanges for next year as it regroups after ending its proposed combination with rival insurer Aetna. Humana Inc. covers about 150,000 people on exchanges in 11 states.

http://www.foxnews.com/politics/2017/02/16/obamacare-in-death-spiral-aetna-ceo-says.html

Blue Cross, Aetna, United, Humana Flee Obamacare Exchanges

(CNSNews.com) – Major health insurance companies--Blue Cross, Aetna, United, Humana--have decided not to participate in various states in the Obamacare health-insurance exchanges that will be the only place Americans will be able to buy a health insurance plan using the federal subsidies authorized under the Obamacare law.

http://www.cnsnews.com/news/article/blue-cross-aetna-united-humana-flee-obamacare-exchanges