Surprise! Obamacare critics were right | Washington Examiner: “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 it would leave most Obamacare exchanges, after expecting to lose $650 million from the exchanges this year.”
Previously vocal supporters could not be reached for comment.
I’m reminded again of the quote I saw online: “Even if it bankrupts America, we have the moral obligation to provide everyone with health insurance”. Not they didn’t say health care. So yeah, if you were in favor of this (or just unquestioningly supported politicians who were), when everyone was shouting that this would happen and you closed your ears and chanted liberal slogans. Yeah— you bear some of the moral blame yourself. And you wonder why people think liberalism is a rotting corpse? “Reality-Based Community” indeed.