Administration downplays collapsing state of Obamacare

Obamacare Failing

There was little doubt in the conservatives camps that Obamacare would eventually fail. It’s mathematically impossible for it to work long term, but the collapsing of the Affordable Care Act has been more rapid than most conservatives even imagined.

Co-ops are jumping ship. One of the biggest insurers is considering bailing out. Estimates of signups for 2016 have been reduced by 10 million in just the last four months. The wheels are starting to come off the bus at a much faster clip than the President imagined. Keep in mind that he knew his political centerpiece was in trouble before the end of its first 6 months because the numbers of healthy people signing up were far lower than expected. The plan requires young, healthy people to pay in order for the sick and needy to receive assistance with raising premiums too high.

Now, premiums are going up dramatically and other problems are starting to come into play. All the while, the Administration is saying that there’s nothing to be concerned about and that things will get better soon.

Here’s a brief list of some of the issues that have popped up just in the last couple of weeks:

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