Obamacare Is a Socialist Fantasy

The big news about UnitedHealthcare bailing on Obamacare may make people forget about the failed Obamacare cooperatives and, more importantly, why they failed. Despite the widespread belief that expert planning was involved in the Affordable Care Act, it is pretty obvious that these co-ops were thrown together as the embodiment of a bunch of Liberal/Progressive cliches. They were doomed to fail. According to Reason.com: A government program being poorly run is nothing new, of course. But the Read more […]

Insurance Company Bailing on Obamacare Exchanges

While, at one time, insurance companies were supporting Obamacare as a path to profits, the crony venture doesn’t seem to work anymore. The Hill reports, “Major insurer may leave ObamaCare.” One of the country’s largest health insurers warned Thursday that it may leave the ObamaCare exchanges within two years, delivering a shock announcement that could ripple through the marketplace. At a shareholder meeting Thursday, UnitedHealthcare cast doubt on its ability to carry plans on the healthcare Read more […]