· Updated January 16, 2025 12:21 AM · 4 min read read
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There is plenty of bad news about Obamacare. Premiums are set to skyrocket next year an average of 22 percent (a staggering 116 percent in Arizona). Of the 23 state co-ops that were originally set to operate, 16 have gone bankrupt, and the remaining seven are in dire financial straits. A significant number of major insurance companies, including UnitedHealthcare, Humana and Aetna, have pulled out of most (if not all) of the exchanges on the grounds that the financial losses are unsustainable. (A
There is plenty of bad news about Obamacare. Premiums are set to skyrocket next year an average of 22 percent (a staggering 116 percent in Arizona). Of the 23 state co-ops that were originally set to operate, 16 have gone bankrupt, and the remaining seven are in dire financial straits. A significant number of major insurance companies, including UnitedHealthcare, Humana and Aetna, have pulled out of most (if not all) of the exchanges on the grounds that the financial losses are unsustainable. (A…