Liberals Have No Clue How to Fix Obamacare

The president's signature law is failing spectacularly.

Shikha Dalmia

Obamacare enthusiasts have long been in denial that their beloved law is unworkable in anything resembling its current form. But with the recent news that the insurance giant Aetna is joining the stampede of companies leaving Obamacare's exchanges, reality may finally be sinking in.  It may be too little, too late. Worse, Obamacare has become such a quagmire that the proposed "fixes" may create an even bigger mess........Aetna is bailing out of the individual exchange market in 11 of 15 states because, like its peers, it was sustaining losses to the tune of $300 million annually and sees no prospects of improvement. Aetna's exit will leave a good chunk of its million or so customers scrambling for new coverage when enrollment begins in a few months. This wouldn't have been such a big deal if there were other good options. But that's not the case given that other big insurers, including UnitedHealthCare and Humana, have also quit in many states, and for identical reasons. Worse, 70 percent of Obamacare's co-ops—non-profit plans that were given government loans on sweet terms to compete with private companies—have also collapsed. In huge swaths of states such as the Carolinas, only one monopoly insurer is left. And in Pinal County, Arizona, there are none!.......To Read More....