Obamacare On “Verge Of Collapse” As Premiums Set To Soar Again In 2017

#obamacare — the signature of his tenure — the ignorance of our “representatives”

TheBreakAway

WHO'S SREWED IF OBAMACARE GETS THE AX?
Source: ZeroHedge.com
August 11, 2016

If Obamacare enrollments continue their current trend and insurers continue to hike premiums at alarming rates then Republicans may not have to worry about “repealing and replacing Obamacare” as it might just work itself out “naturally”.  The 4th open enrollment period for Obamacare begins on November 1, 2016 and industry experts are warning that another year of tepid demand from “young and healthy” Americans could force more insurers out of the exchanges effectively marking the end of Obamacare as we know it.  According to a story published by The Hill, 11 million people bought health insurance through the exchanges for 2016 which was drastically below the Congressional Budget Office’s initial projection of 21 million.

Well we’re shocked!  Turns out that whole “adverse selection bias” was a real thing.  So you’re telling us that young, healthy people don’t want to pay for insurance…

View original post 523 more words

Author: Lisa the Infidel

I am an #Infidel - born and bred North Carolina.

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