Obamacare is totally imploding just like we warned five years ago at Natural News
by: J. D. Heyes
NaturalNews.com
Monday, October 10, 2016
The failure of President Obama and the Democratic Party’s health care “reform” law – Obamacare – is nearly complete, as insurance pools collapse, out-of-pocket expenses rise faster than consumers’ ability to pay for them, and deductibles spiral through the roof.
Breitbart News, in a recent report, listed five things that prove, beyond a doubt, that the president’s “signature” law is falling apart – just like we said it would.
In no particular order:
Obamacare co-opts are falling fast: As noted by The Baltimore Sun, just six of the original 23 Obamacare co-opts are still operating. The other 17 have either closed or are in the process of closing because they are unable to attract enough members and earn enough premium coverage revenue to offset the massive regulatory costs associated with, and mandated by, the law.
Skyrocketing premiums: Long gone are the days when candidate Barack Obama lied repeatedly about “working with” our employers to “lower premiums by an average of $2,500 a year.” In fact, as Brietbart has reported, premiums are getting higher and higher, in some cases as high as 50-67 percent – just to keep insurers from bailing on state exchanges.
The Rest…HERE
