And so it continues. The only thing left will be Medicare and the question is where is the money coming from to support that? Another major insurer announced it is considering leaving some of Obamacares exchanges after losing money and customers. In financial reports released Monday, Humana said that it is likely to exit some exchanges in 2017 after reporting lower earnings and a drop in enrollment in its individual plans, including some sold under the Affordable Care Act. Story @ http://dailysignal.com/2016/05/04/another-major-insurer-may-leave-obamacares-exchanges/
Of course. Given the choice all insurance companies only want to insure the healthy. That's why the system prior to the ACA didn't work and why the only system that will work is single payer or Medicare for everyone. Or you just go back to the basic healthcare for the healthy and the rich system.
It is clear Obama care has made health insurance worse. Not only from a cost perspective but from a care perspective. It is forcing sole proprietor physicians out of business forcing them to join controlled groups or work for hospitals, or leaving practice altogether. Payment for services still decreasing, medicare failing to make good on promises they made to physicians and hospitals regarding reimbursement rates, failure of patients to get the care they need due to inability to pay high deductibles Obamacare failed to regulate. The democrats and Obama failed to seek the advice of those that provide the care, instead choosing to push through a badly thoughtout law. "We have to pass it to know what's in it", pelosi said. Well now we know and it isn't working as written and the democrats bloc k every change republicans have suggested. So when you have a heart attack, are diagnosed with cancer, or worse and were all for the PPACA as passed, I feel sorry for you but you should have listened to those that knew better because they worked in the medical field and fought the health insurance system for years.
Judge blocks Aetna's $34 billion Humana merger... U.S. blocks health insurer Aetna's $34 billion Humana acquisition Jan 23 2017 - A U.S. judge blocked on Monday health insurer Aetna Inc's proposed $34 billion acquisition of smaller peer Humana Inc, raising the stakes for rival Anthem Inc as it battles to close a $54 billion deal to buy Cigna Corp.
Funny that all those with such great knowledge seem unwilling or incapable of solving the problems with the American healthcare system. They didn't like the system before the ACA and they ( according to you) don't like the system we have now and yet they seem incapable of agreeing on any solution. And it is hilarious that the Republicans in all this time are incapable of agreeing on any replacement plan.
Why should Republicans have to worry about replacing a failed program that was rammed through congress without a single Republican vote? We already had Medicaid for people who couldn't afford private insurance couldn't that have simply been expanded and improved?