Death Spiral Disaster: Last Major Insurer Reportedly Plans to Abandon Most Obamacare Markets Next Year
By Town Hall,March 31, 2017
One of the consistent and factually-correct refrains from Republican critics of Obamacare -- the president especially -- is that the current law is failing and getting worse. Democrats inadvertently confirm this reality when they accuse Republicans of "sabotaging" the law by allowing it to be followed as-written. Unstable risk pools disrupted by adverse selection are driving costs up, healthier consumers away, and carriers out of the market.