Beendare's Link
United Health came out with their announcement. Aetna the same; essentially its not working. The non profit exchanges that Obama has thrown billions at are folding- 2-3 years into it....boy that didn't take long.
The best article I've seen is above at link, NY post article outlining the why.
So what does obama do throw more money at it!
"On Thursday, the administration tried to calm insurers, sending them a written memo full of promises. Obama’s Department of Health and Human Services vowed to go to Congress for full funding to reimburse insurers for their losses."
The liberal Dems must be proud of what their party has become...throwing money at huge Corps and special interests....and they claim to be the party of the people?
Yes they would be. But we're not in that world.
It was never meant to work. Never addressed to fix anything that needed fixing. The whole idea was to create a huge new government agency and plant that foot in the doorway so it will allow the full single payer government cluster to shove it's way in. Spread the poor performance, poor service and poor results equally among all while including the baggage and inefficiency of all government run institutions.
Think "nationwide civilian VA".....