It’s not a stretch to say that Obamacare has been a total disaster, and why wouldn’t it be? It was passed against the will of the people in the middle of the night by a Democrat majority in Congress who didn’t even read it. So yeah, it has some serious problems.
We’ve been hearing about exchanges collapsing, policies being cancelled, and premiums going through the roof as the law clamps down on insurers and squeezes every last drop out of the insured. We were promised we wouldn’t feel the effects of it, and Obama himself even told us that “if you like your doctor, you can keep your doctor,” but that hasn’t been the case.
In fact, millions of people have had to find new doctors after their shiny new Obamacare policies didn’t cover their old ones. But despite all the issues, the Democrats still try to tell us that Obamacare was the best thing that ever happened to the country.
Thanks to being long on regulations and short on remedies, major health insurance companies have been backing out of the enormous failure over the past year or so, and it’s hard to blame them. Now one of our nation’s top healthcare providers has said to hell with it, they’re done.
According to The Hill, Aetna announced Monday that it will be significantly scaling back its participation in Obamacare marketplaces next year in what’s yet another major blow to the failed law. In the second quarter alone, the company saw a $200 million loss due to its participation in Obamacare, so it has little choice but to back off from the 15 states it’s currently in just down to four by next year.
Aetna joins other top dogs in the health insurance business in abandoning Obamacare, including United Healthcare and Humana. All three insurers have raised questions about the law’s sustainability, and they said that premiums are going to increase sharply in 2017, conveniently right after the election.
Of course, this has all been by design from the start. The Democrats have wanted a single-payer system for years, and they used the one chance they had to pass a law that would essentially be a nuclear bomb on the health insurance industry, thus paving the way for a government-funded healthcare system as insurers struggled to provide affordable coverage with the cumbersome regulations.
So if you needed yet another reason to not vote for Hillary, here it is. Not only was she instrumental in getting the original bill passed (it was modeled after a plan she had years ago), but she has no intentions on fixing the numerous issues with it, and instead has proposed a public option to help reduce prices.
In other words, she’s your typical government hack; create a problem where there wasn’t one, then turn around and use the government to offer a solution to the problem that should have never existed in the first place.