Friday, October 14, 2016

And Why Is This Noteworthy? Doesn't Amount To A Hill Of Beans -- October 14, 2016

On July 18, 2016, I posted the #1 "image" journalists are watching for every five minutes.

Today we have the rotating beacon over at The Drudge Report. Doesn't amount to a hill of beans, but it is what is is.


It is interesting that now that President Obama has less than one hundred days remaining in office, his mouthpieces are abandoning him. I would not have posted this -- it's another "dog bites man story" -- but the source is impeccable (and I use the word loosely), Bloomberg: one million Americans are losing their health care as insurers "walk away." 
A growing number of people in Obamacare are finding out their health insurance plans will disappear from the program next year, forcing them to find new coverage even as options shrink and prices rise.
At least 1.4 million people in 32 states will lose the Obamacare plan they have now, according to state officials contacted by Bloomberg. That’s largely caused by Aetna Inc., UnitedHealth Group Inc. and some state or regional insurers quitting the law’s markets for individual coverage.
Sign-ups for Obamacare coverage begin next month. Fallout from the quitting insurers has emerged as the latest threat to the law, which is also a major focal point in the U.S. presidential election. While it’s not clear what all the consequences of the departing insurers will be, interviews with regulators and insurance customers suggest that plans will be fewer and more expensive, and may not include the same doctors and hospitals.
It may also mean that instead of growing in 2017, Obamacare could shrink.
As of March 31, the law covered 11.1 million people; an Oct. 13 S&P Global Ratings report predicted that enrollment next year will range from an 8 percent decline to a 4 percent gain.
Anyone still supporting ObamaCare is simply not paying attention or have a personal, vested interest, of which there are many. 

Not to worry: HillaryCare comes next. Hillary would be smart to stay as far away from US healthcare as possible. Let the Democratic leadership in the House and the Senate do the heavy lifting.

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