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Your ♡bamaCare!!! Fail of the Day [Sunday Edition]

January 12th, 2014 - 12:11 pm


Avik Roy:

On January 9, health insurance bellwether Humana formally announced something that industry observers have long suspected: that healthy and young people don’t think Obamacare’s insurance plans are a good deal for them. Those people, Humana indicated, are choosing to stay on their previous health plans, where allowed, instead of participating in the Obamacare exchanges. As a result, Humana “now expects the risk mix of members enrolling through the health insurance exchanges to be more adverse than previously expected.”

I have nothing to add, because “I told you so” seems gauche. Instead I’ll leave you with a question from Roy:

Will taxpayers have to pick up the bill for the Obama administration’s last-minute changes to the law?

Bailouts now, bailouts tomorrow, bailouts forever!

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All Comments   (3)
All Comments   (3)
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No need to even ask that question.
1 year ago
1 year ago Link To Comment
Next question?
1 year ago
1 year ago Link To Comment be more adverse than previously expected.

I'm always amazed at how clueless business leaders can be. No doubt they are intelligent, a certain amount of intelligence is needed to run a big organization, but they seem to get this sort of thing wrong on a regular basis. Hence, clueless.
1 year ago
1 year ago Link To Comment
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