The cornerstone achievement of the Obama administration was supposed to be the Affordable Health Care Act. Expectations were high, premiums were to fall and the healing was to begin for all. You know, pretty much like the messianic promises that were made on stage in front of all those fake columns. What a shyster.
Reality has set and it’s no surprise to anyone with half a brain that Obamacare is a failure. IBD reported the following:
Aetna's announcement follows UnitedHealth Group's (UNH) decision to leave most ObamaCare markets, Humana's (HUM) decision to drop out of some, Blue Cross Blue Shield's announcement that it was quitting the individual market in Minnesota, and the failure of most of the 23 government-created insurance co-ops. And it follows news that insurance companies are putting in for double-digit rate hikes that in some cases top 60%, and news that the Congressional Budget Office has sharply downgraded its long-term enrollment forecast for the exchanges.
Who could have envisioned such problems? Not ObamaCare backers. They were endlessly promising that the law would create vibrant, highly competitive markets that would lower the cost of insurance.
Critics, however, were spot on. They said that, despite the individual mandate, ObamaCare wouldn't attract enough young and healthy people to keep premiums down.
How many lives have been destroyed because of the Democratic Party’s foolish schemes?