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ObamaCare exchanges collapsing, enrollment plummeting
Canada Free Press ^ | 10/14/15 | Dan Calabrese

Posted on 10/14/2015 7:14:24 AM PDT by Sean_Anthony

Four exchanges insolvent, 11 receive warning letters . . . and nearly 2 million enrollees aren't paying their subsidized premiums

Gosh, who saw this coming? The federal government sets up an artificial market for selling health insurance, sets the prices, subsidizes the premiums, goads people to buy who’ve never before been able to afford it, forbids profits and bans anyone who actually knows what they’re doing from running the darn things.

How could that possibly fail?

Quite spectacularly as it turns out. While the mainstream media ignores all of the following, lest it stumble in its role as Democrat campaign propagandists, the Wall Street Journal editorial page is doing its usual excellent job of telling us what’s really happening with ObamaCare. And in short, the economic model is failing. The state exchanges are turning out to be complete disasters, and of the 11.7 million people who signed up for health insurance with subsidized premiums, nearly 2 million of them still can’t pay their premiums.


TOPICS: Government; Health/Medicine; Politics
KEYWORDS: 0carenightmare; exchanges; obama; obamabare; obamacareenrollment; obamacareexchanges

1 posted on 10/14/2015 7:14:24 AM PDT by Sean_Anthony
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To: Sean_Anthony

And from the clip on Fox this AM, it seems Hillary was listing Obamacare as one of her accomplishments that she was proud of. She is a congenital liar, as David Axlerod once called her. For once, he was right about something.


2 posted on 10/14/2015 7:17:06 AM PDT by txrefugee
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To: Sean_Anthony

People who only listen to the leftwing media have willfully decided that the world is as Obama and the rest say it is.


3 posted on 10/14/2015 7:17:08 AM PDT by DungeonMaster (God so loved the world that He gave His only begotten Son...)
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To: Sean_Anthony

This began as the GOP’s ROmneyCARE,
and the GOP KEPT IT after odiously lying to voterss.

The GOP, EXEMPT, treasonous, self-serving, belong in jail.


4 posted on 10/14/2015 7:18:53 AM PDT by Diogenesis ("When a crime is unpunished, the world is unbalanced.")
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To: Sean_Anthony

Winning
The
Future.


5 posted on 10/14/2015 7:19:26 AM PDT by sevlex
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To: Sean_Anthony

And the idiot Dems want to open it up to illegals.

Mind boggling.


6 posted on 10/14/2015 7:24:43 AM PDT by Raebie
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To: Diogenesis

It was RomneyCare.
But it began as KennedyCare, and then it was HillaryCare after that.


7 posted on 10/14/2015 7:25:33 AM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: All

Pelosi was ecstatic at the signing---
duped dumb Democrats on board the straight party line vote.

8 posted on 10/14/2015 7:28:51 AM PDT by Liz
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To: Sean_Anthony

I have said this before: I believe these were never intended to succeed. These exchanges were set up as a mechanism to destroy private insurers.

Once private insurers are out of business, the government steps in as the solution.


9 posted on 10/14/2015 7:41:03 AM PDT by rlmorel ("National success by the Democratic Party equals irretrievable ruin." Ulysses S. Grant)
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To: Sean_Anthony

Have they sorted out the income verification checks yet, or is Obamacare still operating on the honor system?


10 posted on 10/14/2015 7:43:33 AM PDT by sphinx
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To: Sean_Anthony

How is California with a third of all welfare doing in this mess?


11 posted on 10/14/2015 7:46:39 AM PDT by A CA Guy ( God Bless America, God Bless and keep safe our fighting men and women.)
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To: Liz

Looks like Uncle Joe is getting ready to corndog that young lad.


12 posted on 10/14/2015 7:59:57 AM PDT by olepap (Your old Pappy)
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To: olepap

LOL....you nailed it.


13 posted on 10/14/2015 8:05:11 AM PDT by Liz
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To: Sean_Anthony
the obozocare (ACA) is doing exactly what it was designed to do, put medical care out of reach for most Americans, thus they will die sooner. NWO conquest. The big blow to the US medical industry comes in 2017 when medical insurance premiums and deductibles will sky rocket.
14 posted on 10/14/2015 8:23:57 AM PDT by drypowder
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To: Sean_Anthony
How could that possibly fail

Quite spectacularly as it turns out.

Dums and libtards don't care. Next stop: single payer,if they win.

15 posted on 10/14/2015 8:37:33 AM PDT by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: Sean_Anthony

The Obama administration will grant waivers for premium payment to all who cannot afford the reduced premiums. He will dare Republicans to stop him.

Republicans will sue. 3 years later, the Supreme Court will take up the case and rule that the Affordable Care Act has the major goal of making care AFFORDABLE, so therefore the president’s action was constitutional because it was in line with that goal, despite being a contradiction of the clear wording of the statute.

See how easy that is?


16 posted on 10/14/2015 8:48:27 AM PDT by RightFighter (This space for rent)
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To: A CA Guy

Apparently it’s doing just fine as long as the welfare checks / EBT cards keep going to a third of the population.


17 posted on 10/14/2015 9:20:05 AM PDT by Roger Kaputnik (Just because I'm paranoid doesn't prove that they aren't out to get me.)
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To: Liz

I don’t think they were duped. I think it was more like bribed and/or threatened.


18 posted on 10/14/2015 11:14:50 AM PDT by Trillian
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