5 devastating Obamacare facts every American should know

Friday, October 7, 2016
By Paul Martin

NaturalNews.com
Friday, October 07, 2016

News about Obamacare’s failings have peppered the news media recently. In the wake of these recent media reports, here are five devastating Obamacare facts every American should know.

(Article by Katherine Rodriguez, republished from Breitbart.com)

1. 17 of the nation’s 23 Obamacare co-ops have already collapsed.

Only six of the 23 co-ops launched nationwide remain, according to The Baltimore Sun.
The other 17 are closed or are in the process of winding down because they cannot “attract enough members, draw enough premium revenue and withstand the weight of new and costly regulatory hurdles created under the health reform law,” The Sun reported. [1]

2. Obamacare Premiums Continue to Skyrocket Over 50 Percent

In Minnesota, Breitbart News previously reported that the state is allowing Obamacare premiums to increase by at least 50 percent all the way up to 67 percent in order to keep insurers from leaving the exchanges due to financial losses. [2]

The Rest…HERE

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