The cold reality of Obamacare marches on as another major private insurance company turns its back on a large segment of California’s citizens:
On Saturday, Aetna informed California Insurance Commissioner Dave Jones that, in addition to not participating in California’s health exchange, it planned to pull out of the state altogether with regard to offering individual health plans. Keep in mind that Aetna still intends to offer health plans to businesses and Medicare beneficiaries, which is where the bulk of its profits are in California, but it is nonetheless going to send 49,000 current members out into the cold (or should I say the palm trees?) to find another health plan. <source>
If you are a Liberal, you love Obama, and you love Obamacare, what do you have to say to these 49,000 people who are being dropped by Aetna?
What do you say?
Wait, before you answer, read this additional analysis of what is happening under Obamacare in California:
The biggest concern remains whether these new exchanges will increase competition among insurers through better pricing transparency, or whether health insurance for individuals will cluster in the hands of just a few companies in each state. Based on what we’re witnessing from California, it looks as if four insurers will control the bulk of the market. Even if Obamacare’s state-run health exchanges have resulted in lower-than-expected premiums for individuals on the surface, putting majority control in the hands of just a handful of insurers won’t obligate them to pass along these cost savings to consumers and could lead to less price competitiveness, defeating the whole purpose of Obamacare.
Did you get that last line…”…defeating the whole purpose of Obamacare..”?
This is the fate of all Liberal policy delusions: the reality of them — their implementation, in practice — defeats and destroys the lofty ideals on which they are allegedly based.
I say “allegedly” because it makes sense to wonder whether many Liberals of high intelligence really do want to help people. We wonder about this because Liberal policies have starved and tortured to death hundreds of millions of people in the last 150 years, and Liberals of high intelligence surely must know this? And if they know this, but insist on pursuing such deadly policies anyway, what does it say about their motivation?