Wednesday, August 17, 2016

Is this the beginning of the "Death Spiral"?

I guess losing $430 million in two years isn't a super good business model.

Aetna’s announcement Monday night was the latest sign that large insurers are losing money in the Affordable Care Act’s marketplaces, heightening concerns about the long-term stability of a key part of Obama’s domestic policy legacy. But addressing this issue could open the door to a nasty political fight, given that some Republicans have vowed to repeal the law outright.

Hey, if you like your legacy, you can keep your legacy, am I right?

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