From the Hill:
Aetna's chairman and CEO said Monday that the country's third-largest health insurer had “serious concerns” about the sustainability of ObamaCare’s marketplaces.
“We continue to have serious concerns about the sustainability of the public exchanges,” Mark Bertolini said on an earnings call Monday, according to prepared remarks.
He said the company remained concerned about “the overall stability of the risk pool.”
Many insurers, including Aetna, have been losing money on the ObamaCare marketplaces, also known as exchanges, in part because of a sicker and more costly mix of enrollees, known as the “risk pool.”
The country’s largest health insurer, United HealthCare, made waves in November when it said that its losses on the ObamaCare marketplaces might cause it to drop out of that market altogether in 2017.Notice the press no longer bothers calling this destruction of the American health indsutry the "Patient Protection and Affordable Care Act of 2010."
The Tea Party was right. It nailed this piece of garbage. Obamacare -- once called "racist" by the press -- was built on a lie that 47 million Americans had no health insurance. The lie was built on a survey by the Census Bureau which asked if, in the past year, the respondent had been without health insurance for any amount of time. That could be for a few days or an entire year.
Capitalism -- regulated by state governments -- worked. More than 90% of Americans had health insurance and those who didn't by and large did not want it.
Now six years later we see socialism -- foisted upon us by the federal government -- is an abject failure.
You owe the Tea Party an apology, America media and the entire Democratic Party.