Spiraling Out of Control, Hurting the Middle Class
From the beginning, the track record for the
Today, it's not getting any better, and as
Yes, we noticed.
As Obamacare nears its fourth enrollment season, patients on Obamacare exchanges will have fewer choices at higher costs. And according to Bloomberg, this "Shaky Obamacare market" is adding "to 'Death Spiral' fears." (
You can say that again.
Patients and families are quickly running out of affordable options as insurance providers are forced to exit the unworkable marketplaces.
Even Obamacare's alternative to a government-run plan, the Consumer Operated and Oriented Plans (CO-OPs) have fallen flat. Today, only six of the 23 original CO-OPs remain and tens of thousands of families had their plans cancelled as a result.
It's clear Obamacare is not working.
Yet, despite the failures of Obamacare's
What we need less of is more of the same.
The government-run approach to healthcare has been tried with Obamacare's CO-OPs and it failed. Miserably. Such a plan would only perpetuate more of Obamacare's failed policies that have stifled competition and hiked prices for American families.
"If the botched CO-OPs experiment is any indication, a government-run plan would be an unmitigated disaster for middle class families, taxpayers and patients." (
What we need right now are bold solutions.
Patient-focused reforms that reduce healthcare costs, promote choice, and increase access to affordable, high-quality care, are what American families need.
Read this original document at: http://www.finance.senate.gov/chairmans-news/spiraling-out-of-control-hurting-the-middle-class
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