Author: Dennis Moore
Couple days ago, Aetna announced (to many, no surprise) they are LEAVING the Obama Care
Or Affordable Care Act (aka ACA) markets. I have had many folks asking what that means to them.
The LONG and SHORT of it, they (Aetna) has lost nearly a billion dollars. Now that's
BILLION with a "B".
ACA was doomed from DAY ONE ! This has been called the ' death spiral ' of the plan. There are
Way to many high risk members, and woefully short of young, healthy members in these plans.
IF everybody in this nation was in the pool, yes, that's a BIG IF, the plan (ACA) might work.
Now, this is IF there were ' Tort Reform' to go along with it. Tort Reform, well that is a topic for
Another day. However, Without Tort Reform, Healthcare Reform WILL NEVER WORK! Period.
It is looking like only the 'BLUES' will be left. That is the various Blue Cross/Blue Shield offerings
Through out the country. LOOK FOR THOSE TO START BAILING OUT TOO!
Blue Cross/Blue Shield of North Carolina has already hinted at that they want a 25% increase!
Consumers and the nation CANNOT afford it !
So, the architects of ACA will get their wish: A SINGLE PAYER SYSTEM - the US Government.
Medicare for everyone, Look for your Paycheck to dwindle.