Monday, March 31, 2014

This Large Health Insurer Has Effectively Admitted Obamacare Is Failing

This Large Health Insurer Has Effectively Admitted Obamacare Is Failing | The Beacon:

"WellPoint dominates the exchanges. This news is an admission that the exchanges are seeing applicants too old and sick to keep premiums in line with what was originally expected.

The Obama administration is crowing that it has dragged six million people across the finish line into the exchanges by March 31 – or at least sort of. This, in itself, is no sign of success.

The fight over Obamacare exchanges has just begun. Whether the White House or the insurers win is hard to predict. Taxpayers will surely lose.

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