Obamacare is Going Down the Drain

Most knew that Obamacare was a bad venture going in, but now Obamacare is going down the drain. In 2017 it will be much worse. In the year 2017 only one insurer will be providing coverage for 1/3 of the country.

Obamacare is Going Down the Drain

obamacare is going down the drain

Per The Washington Free Beacon:

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Avalere, a health care consulting firm, compared the health insurance carriers that offered Obamacare coverage in 2016 to the carriers who have announced their intention to exit the exchanges in 2017, such as Aetna, Humana, UnitedHealthcare, and some co-ops.

The experts projected that 36 percent of exchange market rating regions in the United States in 2017 will have just one health insurance carrier, and 55 percent of regions will have two or fewer carriers. This is a significant increase from 2016, when only 4 percent of regions had one or fewer health insurance carriers and 33 percent of regions had two or fewer insurers.

Seven states—Alaska, Alabama, Kansas, North Carolina, Oklahoma, South Carolina, and Wyoming—will have only one health insurance carrier per rating region in 2017.

Experts at Avalere said there may be some sub-regional counties where no plans are offered in 2017. No insurer plans to sell coverage in Pinal Country, Arizona next year, according to a report from theHill.

“Depending on where consumers live, their choice of insurance plans may decrease for 2017,” said Elizabeth Carpenter, senior vice president at Avalere. “Some exchange enrollees may need to choose another insurance plan in order to maintain coverage.”

Obviously Obamacare is failing faster than even its harshest critics imagined. Some counties will have zero options for health insurance.

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