DOCTOR'S ORDERS
1ST U.S. CITY ON BRINK OF TOTAL OBAMACARE COLLAPSE
Tens of thousands to be left without option to buy subsidized insurance policy
(DAILYCALLER) — Knoxville, Tenn., could be the first city in the U.S. where Obamacare completely collapses, leaving tens of thousands of people without the option to buy a subsidized insurance policy.
Humana, the city’s only remaining insurance provider on its Obamacare exchange, announced it is exiting the market in 2018. If that happens, Knoxville citizens will be in a rough spot. Unless another insurance provider fills Humana’s place, some 40,000 people in the Knoxville area will likely be left without the option to purchase an Obamacare-subsidized insurance policy, CNN reports.
Knoxville is illustrative of one of the main problems with Obamacare: It doesn’t promote market-based competition. Insurers pull out of marketplaces where it is not cost-efficient for them to provide services, and, as a result, consumers are left with fewer options at higher prices.
Read more at http://www.wnd.com/2017/04/1st-u-s-city-on-brink-of-total-obamacare-collapse/#68spPch1pLAFeDsz.99
No comments:
Post a Comment