Unfortunately all 23 coops will have have to fail before people will accept that Obamacare is bust .. As the options shrink down to a mere handful, they will be declared too big to fail and will need regular injections of taxpayer money ..
The free market will be blamed for not providing what Obama has mandated .. Idiots will demand single payer, a single corrupt too big to fail entity, disconnected from market forces, and funded directly by tax payers .. Magically, everyone will be in excellent health .. Not ..
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“At the latest count, 12 of Obamacare’s 23 health cooperatives have now failed, potentially putting taxpayers on the line for more than $1.2 billion and displacing more than 700,000 members.”
“If I were a national insurer like UnitedHealth Group (NYSE:UNH) or Anthem (NYSE:ANTM), I would have absolutely no fear about raising my prices moving forward considering that low-cost competition doesn’t appear to be succeeding.”
More Than Half of Obamacare’s Co-Ops Have Now Failed — Here’s Why You Should Care — The Motley…
At the latest count, 12 of Obamacare’s 23 health cooperatives have now failed, potentially putting taxpayers on the line for more than $1.2 billion and displacing more than 700,000 members. Here’s why you should care.