Tuesday, April 26, 2016

Easy to Predict Stuff - Another Government Failex

An easily predictable development ... unless you just love everything government touches.

ObamaCare rates will skyrocket next year, according to its former chief. Enrollment is tumbling this year. And a big insurer is quitting most exchanges. That’s what we learned in just the past few days.
Marilyn Tavenner, CEO of America’s Health Insurance Plans, revealed that she expects ObamaCare premium hikes “to be higher than we saw previous years,” including last year, which saw double-digit rate increases across the country.
Tavenner, for those who don’t know, was head of the Centers for Medicare and Medicaid Services until early 2015, which means she helped bring ObamaCare to life. In November 2014, she was boasting how “the Affordable Care Act is working to improve competition and choice among marketplace plans.”
http://www.investors.com/politics/editorials/obamacare-suffers-three-major-blows-in-one-week/

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