Could This Mean The End of Obamacare?

If you’re one of the millions of Americans who think Obamacare has been a disaster from the start, there are probably some very satisfying “I told you so’s” in your future.

And if you’re one of those who continue to insist on how great Obamacare is, you might want to look the other way, just like you’ve apparently been doing for the past several years.

Town Hall reports:

Well, in March, it was reported that the last remaining Obamacare exchanges are on the verge of failing. Two more exchanges in Connecticut and Oregon recently decided to close shop. Right now, roughly one-third of the exchanges are left out of 23 that were set up. Virtually every exchange that remains could fold this year. Ali Meyer of The Washington Free Beacon reported once again from the ruins of this health care venture:

Six of the seven Obamacare co-ops that are still in operation are currently on corrective action plans, according to an official from the Centers for Medicare and Medicaid Services.The Illinois Department of Insurance announced this week that it was requesting an order of rehabilitation for the state’s Land of Lincoln Health co-op because of its unsustainable financial position. The co-op was originally awarded $160.2 million by CMS.

[…]

Kevin Counihan, a top official for the Centers for Medicare and Medicaid services, toldlawmakers on Wednesday that of the seven co-ops that are still in operation, six have been placed on corrective action plans. Co-ops are flagged for these plans when the agency has identified issues with the co-ops finances, operations, compliance or management processes.

And for the millions of families who are covered, you may be facing some nasty shocks – if you haven’t already – in the form of skyrocketing premiums.

Breitbart reports:

A report has found that Obamacare premiums, even for the cheapest plans that many low income families purchased, are set to go up at least 11 percent just ahead of Election Day in November. The new reports find that the most popular type of insurance sold by the Obamacare insurance marketplaces across the country will be hit with higher premiums at a faster clip by 2017 than they have faced in recent years.

Eleven percent?!

What do you think, has Obamacare been a disaster for your family, or have you benefited from it? Go ahead and give us your honest assessment in the comments.

Here’s a little reminder of how many times Obama told us we could keep our healthcare plans if we liked them:

 

7 comments

  1. social engineering and central planning has FAILED AGAIN; but that won’t stop the idiots from continuing to try it again expecting a different result;; we all know what that is definition of.

  2. He’ll probably just CHANGE the law again with the blessing of congress and the courts. After all, it has his NAME and LEGACY tagged to it. This whole presidency has been one stumbling block for this country after another. But, we will endure, survive and recuperate from this eight year long attack placed upon us by the enemies within.
    Hopefully, the future news reports will be headlined by the extractions and or prosecutions of the traitors that put us where we are today.
    Obama would do well to stay out of the public’s eye once he leaves office.
    I can’t wait to see his FAIRY TALE presidential library with all the SEALED and NON EXISTENT documentation of this frauds life on full display. The final cost for insulting the American people one last time will no doubt be astronomical, just to immortalize this traitor’s grim memory on American soil. It will be the greatest of all his offensive insults to the American people. It should build it in mecca if at all. I curse the ground that they build it on….

  3. I am one of those people who is waiting for my very satisfying “I told you so” moment. However, my only other concern is that we do not end up with socialized medicine as a result, which I am not so sure wasn’t Obama’s actual, genuine goal in the first place.

  4. So the 24 violations of the US constitution and associated legislative feeccal matter is imploding.
    Why am I not surprised.

  5. If a loved one dies because of Failed Obamacare, We must arrest, all responsible for Obamacare, for Murder.

  6. The failure of the exchanges was baked in to Obama’s plan from the beginning because it is now accomplishing the liberal progressive goal of single payer coverage, because the Federal government will now take over as the final exchanges close. This is just one more step towards the Federal government taking over our healthcare industry. The Democrats are not so slowly moving our country towards FULL socialism and ultimately a totalitarian Federal government, otherwise known as communism.

    1. What didnt you people get 8 years ago? Obama said he was after a single payer plan? Just like he said he was shutting down coal fired electricity plants. Obama Care was a Ponzi scheme from the very beginning. Blame your dumb selves for this. Hows that free phone working out for you? Do you now understand you paid for that?

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