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The Obamacare death spiral is on

Posted on Personal Liberty August 12, 2016 by Bob Livingston

The Obamacare deathcare system is dying and it may be completely dead before the next president is sworn into office.

As The Hill reported Thursday, two major insurers in the last month – Aetna and Anthem – both reversed course on their plans to expand in the marketplace. The five largest insurers say they are losing money on Obamacare. Several other high-profile insurers are raising concerns about the mix of consumers (not enough young, healthy people and too many old and sick people are signing up) and whether they can continue selling Obamacare plans.

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