1.4 Million in 32 States to Lose Health Insurance as ObamaCare Fails

It is like we and others reported in 2009/10, Obamacare is a system that is designed to fail. Obamacare designer John Gruber said that they had to lie to sell it.

Yours truly went to insurance school and passed the state exam on the first attempt so understanding how it was designed to fail wasn’t exactly rocket science.

Here is the bad news from Bloomberg:

A growing number of people in Obamacare are finding out their health insurance plans will disappear from the program next year, forcing them to find new coverage even as options shrink and prices rise.

At least 1.4 million people in 32 states will lose the Obamacare plan they have now, according to state officials contacted by Bloomberg. That’s largely caused by Aetna Inc., UnitedHealth Group Inc. and some state or regional insurers quitting the law’s markets for individual coverage.


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