Obamacare Continues to Suck

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Here is the latest reminder of that and it is a very, very big deal indeed:

The U.S.’s biggest health insurer is considering pulling out of Obamacare, a month after saying it would expand its presence in the program.

UnitedHealth Group Inc. is scaling back marketing efforts for plans it’s selling this year under the Affordable Care Act, and may quit the market entirely in 2017, because the business has proven to be more costly than expected. It’s an abrupt shift from October, when the health insurer said it was planning to sell coverage in 11 new markets next year, bringing its total to 34. The company also cut its 2015 earnings forecast.

A pull-back would deal a significant blow to President Barack Obama’s signature domestic policy achievement.

Slowly, but surely, Obamacare continues to collapse nationwide. Republicans better be prepared to make sure it is not too big to fail.

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Erick Erickson
By Erick Erickson

Erick Erickson

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