This week brought even more evidence of the Obamacare law’s unsustainability:
Aetna to cut nearly 70% of Obamacare plans in 2017 in move that will reduce choices and potentially drive up prices. https://t.co/pGAAhXJS9v
— ABC News (@ABC) August 17, 2016
Obamacare death spiral continues. Aetna pulling back from ObamaCare b/c of financial losses. Program won't work. https://t.co/gO9gTMHSHP
— Greg Abbott (@GregAbbott_TX) August 16, 2016
The Obama administration’s take? No biggie!
Try Not To Laugh: Obama admin argues Aetna's exit is not a sign that the Obamacare marketplaces are in trouble https://t.co/rXm7FzhuQM
— WhiteHousePressCorps (@whpresscorps) August 17, 2016
Nothing to see here, according to the White House:
The Obama administration argued the move is not a sign that the ObamaCare marketplaces are in trouble.
“Aetna’s decision to alter its Marketplace participation does not change the fundamental fact that the Health Insurance Marketplace will continue to bring quality coverage to millions of Americans next year and every year after that,” said the administration’s ObamaCare marketplace CEO, Kevin Counihan.
Anybody buying that one?
— rmack2x (@rmack2x) August 17, 2016
— BernieorJill chelle (@MLloydette) August 17, 2016
He's been in his own alternate universe since forever… https://t.co/B2xaFgUo4v
— MarkinTenn (@MarkinTenn) August 17, 2016
Soon the marketplace will be a few blue cross plans with huge deductibles https://t.co/qXOziNBMuq
— Cindy Grubbe (@CindyGrubbe) August 17, 2016
— Karl E McF (@kem451_) August 17, 2016
Can't. Stop. Laughing!! ???? https://t.co/yiUl3sqmP7
— Carl Gustav (@CaptYonah) August 17, 2016
While many spot more “failure,” Bernie Sanders sees a golden opportunity.