Tracking the slow motion trainwreck of Obamacare has become one of our preferred hobbies: below is just a random sample of headlines covering just the most recent tribulations of the “we have to pass it to find out what’s in it” Unaffordable Care Act:
In Latest Obamacare Fiasco, Most Low-Income Workers Can’t Afford “Affordable Care Act” The Stunning “Explanation” An Insurance Company Just Used To Boost Health Premiums By 60% Your Health Insurance Premiums Are About To Go Through The Roof -The Stunning Reason Why Obama Promised Healthcare Premiums Would Fall $2,500 Per Family; They Have Climbed $4,865 Largest Health Insurer On Colorado Exchange Abruptly Collapses Co-Op Insurers Across America Are Collapsing, And Now There Is Fraud “$19,000 Premiums, Up 4x Since Passage”: The ‘Crippling Effect’ Of Obamacare On The Middle Class Meet The Family That Just Spent Half Its Annual Income Paying For Obamacare But the most surprising article we wrote was our explanation from three weeks ago explaining why “Your Health Insurance Premiums Are About To Go Through The Roof” showing that even insurance companies have been unable to earn a profit under Obamacare, as shown in the following chart:
This post was published at Zero Hedge on 11/19/2015.
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