Correction Please!
With ObamaCare Hemorrhaging, The Feds Offer Cure: More Bleeding
Item: The disclosure in mid-August that “insurance giant Aetna will pull out of the Obamacare market next year in 11 of the 15 states it now serves poses a serious threat to the future of the program and raises anew the need for major reforms,” reported the Fiscal Times.
Writing in its August 17 issue, Eric Painin went on to say: “While President Obama’s signature health care plan has weathered two major court challenges and scores of votes in the Republican-controlled Congress to dismantle it, an even larger challenge for advocates may be preventing Obamacare from simply collapsing of its own weight.”
Meanwhile, a spokesman for the Obama administration “sought to downplay the significance of Aetna’s planned withdrawal from Affordable Care Act exchanges that currently serve 10 million people. Kevin Counihan, the chief executive officer of the ObamaCare exchanges, said, “The health insurance marketplace will continue to bring quality coverage to millions of Americans next year and every year after that.’”
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