Tag Archive: Insurers Admit ObamaCare Is ‘Unsustainable’ Without Even More Rate Hikes

Insurers Admit ObamaCare Is ‘Unsustainable’ Without Even More Rate Hikes

by John Hayward The biggest con job in American history lumbers forward, as insurance companies warn ObamaCare will collapse unless even more huge premium hikes are dropped on customers.  As The Hill reports, even the Kaiser Family Foundation – which played a huge role in dumping this disaster on the American people – admits it: Insurers say they are losing money on their ObamaCare plans at a rapid rate, and some have begun to talk about dropping out of the marketplaces altogether. “Something has to give,” said Larry Levitt, an expert on the health law at the Kaiser Family Foundation. “Either insurers… View Article