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8 of 10 Obamacare co-ops to fail this year
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You are currently reading a thread in /pol/ - Politically Incorrect

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http://dailycaller.com/2016/04/10/the-8-obamacare-co-ops-most-likely-to-fail-this-year/

>Eight of the 11 remaining Obamacare health insurance co-ops appear likely to fail this year, according to an analysis of financial documents obtained by The Daily Caller News Foundation.

>Twelve of the original 23 federally-financed co-ops have already collapsed. The co-op program was funded with $2.5 billion in 2010.

>"In general, there’s not a turnaround in sight. The same problems that plagued them before are continuing,” Thomas P. Miller, senior fellow at the American Enterprise Institute who previously served as the senior health economist for the congressional Joint Economic Committee, told TheDCNF.

>Obamacare advocates hoped the tax-funded non-profit co-ops would successfully compete with for-profit commercial insurance companies and drive down healthcare costs and eventually become permanent fixtures in the marketplace.

>State insurance regulators are already liquidating in the 12 states where the co-ops already have closed their doors.

Where were you when Obamacare was kill
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This is why we should have read it before we passed it.
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lol

everything Obama worked for for 8 years will crumble before his eyes this year

eat shit, stupid nigger
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so what will happen when all of them collapse?
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Wow, white people dont want to pay for nigger health care...
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>>70672627
Was watching C-SPAN and John Earnest was asked about this

He still passed off some bullshit as there is still competition. "In 2013 there 8 providers, in 2014 there were 9, and 2015 there were 10".

And only 13 million have signed up for Obamacare?

I thought it was 20 million, I must be thinking of their sign up goal for 2015. Not to mention the point was to sign up 40+ million uninsured.
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>>70672627
top kek

it's almost like this is exactly what everyone said would happen and why the country had to be dragged kicking and screaming into this retarded bullshit

It doesn't even help the uninsurable. My brother has some serious medical problems and when he tried to get insured they just laughed at him
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>>70675262
There will only be a handful of insurance providers.
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socialism btfo, the state cannot operate as a healthcare provider. They are too incompetent. Hell, do you remember how much money was wasted on that fucking website that didnt even work? Shit's fucked.
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>>70672627
You fucking know they will blame this on Republicans.

Bullshit like "they spent too much time attacking it, so of course it was going to fail". Or "they didn't support it and no way would it have survived with just Democrat support".
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>>70675781
a socialist healthcare insurance will not work when the healthcare capital is owned by capitalists
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this garbage cost me 325 bucks this year, I eagerly and cheerfully anticipate any bad news about this law
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>>70675992
A Socialist healthcare system just won't work in general because Socialism doesn't work. When there's no competition, there's no incentive or drive to actually do a good job beyond individuals trying to scrape by. Just look at the USSR.
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>>70675992
so why the fuck did they try it in the first place if it was doomed from the start?
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>>70676242
Because 1) it makes it look like you're busy while you keep collecting pay cheques, and 2) when you're spending someone else's money, you care far less than when spending your own.
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>>70672627
Hurr durr if I point a gun at your head and demand you buy something not to pull the trigger, I'm sure the company in question will give you a good product.
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>>70675992
Because Socialist Cuba is doing so well with millions flying there for treatment
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>>70672627
>dailycaller

Goddammit David, didn't you have a ballet to attend to? I thought that rich af billionaires didn't shill on a Japanese nuclear waste disposal board.
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>>70676225
Shut the fuck up goy

There were no true communist governments. It still hasn't been tried
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>>70672627
>Daily Caller
Thread replies: 20
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