Tuesday, September 13, 2016

Hit the Reset Button

Six years after the passage of Obamacare. Two years into the full Obamacare version. What happened?

Where to begin?

Became law without a single Republican vote. Barely survived Supreme Court challenge by a 5 - 4 decision. Several health insurance carriers dropped out of the market before the official January, 2014 rollout. Failed $600 million website that still isn't secure and is semi-functional. Health insurance carrier losses in the millions and most of the few remaining carriers are considering dropping out of Obamacare for 2017. Every health insurance co-op created by Obamacare has either failed or is failing.

By almost every measure, Obamacare is a complete failure.

So what does Mr. Lame Duck do?
Obama dropped by a meeting with Secretary of Health and Human Services Sylvia Burwell and 13 health insurance CEOs, including the CEOs of Humana and Cigna, to emphasize the need to work together on the ACA's public marketplaces. 
In addition to the meeting, Obama sent a letter to the CEO of every health insurance company participating in the exchanges asking for help improving them. - Business Insider

The horses are out of the barn. Time to hit the reset button.
"And since the remaining uninsured are disproportionately younger and healthier, signing them up improves the risk pool and consequently the affordability of coverage for all enrollees.
After 6 years of telling carriers how they got everything wrong he now wants their help to fix his mess.

Open enrollment for the 2017 year starts in 6 weeks. This gives "Hail Mary" an entirely new meaning.

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