As expected, yet another company has left the Affordable Care Act health insurance exchange. Aetna announced recently that it will be withdrawing from three-quarters of the states where it offers Affordable Care Act exchange plans. This decision comes after Aetna reported losses of $200 million in the second quarter.
As Aetna follows in the footsteps of other major insurance providers like Humana and UnitedHealth, the American people are the one who suffer.
Obamacare isn’t a “public option”, it’s socialized medicine, plain and simple. It’s failure is just another example why socialism doesn’t work.
The administration will scramble to find positive talking points about Obamacare and will be quick to attack health insurance companies, while ignoring the negative effects of the plan on Americans.
It’s time for the left to learn from this real-life example that socialism doesn’t work, and that any more will lead to further hardships.
I will continue to fight against this blatant government overreach and I pledge to do everything in my power to repeal and replace the Affordable Care Act.