Hilarious. The MSM talking heads are utterly baffled by the fact that the predicted Obamacare collapse is happening before their very eyes and they are clueless as to why. Maybe it’s because the young, healthy citizens are opting to pay the “shared responsibility payment” (the penalty for not having Obamacare) rather than pay the outrageous premiums and deductibles of Obamacare. I dunno. A real head-scratcher.
The anchors of CBS This Morning expressed bewilderment on Tuesday at the sharp premium hikes in Obamacare insurance plans, with one asking for an understanding for “why this is happening.”
When Obamacare open enrollment begins in 2017, the cost of mid-level plans will rise by an average of 25 percent in the 39 states served by the federal online exchanges. In addition, major providers like Humana, UnitedHealth, and Aetna have scaled back or dropped out of the Obamacare exchanges, leaving roughly 20 percent of consumers with only one insurer to choose from.
After Charlie Rose read out the report, Norah O’Donnell said, “We need a bigger understanding of why this is happening.”
“We sure do,” Rose said.
“Because the idea was not only to spread coverage around, but that by spreading the coverage around, not only would it help people get more preventative care, but then it would ultimately bring the costs down, and instead, the premiums are skyrocketing,” O’Donnell said, sounding exasperated.
“And so the question is, what happened?” Rose said.
“Yeah, and who’s profiting on this?” O’Donnell asked.
“What can be done?” Gayle King, a Barack Obama donor, asked.
“Is the way the law was set up failed? It’s a really interesting story,” O’Donnell said.