Wednesday, July 12, 2017

Welcome to the bottom of the trajectory

Conservative Review: "Yes, Obamacare has ‘stabilized’ … like a dead body is stable."
However, in one sense, the Kaiser study has stumbled upon the truth. The insurance market has indeed stabilized … the same way a dead body is “stable” and no longer in critical condition, the same way someone in a free fall has stabilized at the bottom of the trajectory. There is no longer any private sector left in the insurance market. The few remaining insurers have stayed in the market through a guaranteed flow of government subsidies — a regulation-controlled monopoly that has driven out competitors lacking economies of scale and tripled premiums, with endless rate hikes in sight.
This is your new stable reality, America.

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