Adverse selection has limited competition in many markets. Those at high risk, and with preexisting conditions have heard the siren call of ObamaCare. Younger, healthier individuals pushed the mute button. So in some markets insurance companies are losing money, and withdrawing from exchanges, lessening competition, and exacerbating the problem. Now that the GOP has failed to enact a replacement, they should join with Democrats to make some simple changes in the law to enhance competition.
Additionally, our media savvy president, sho has successfully sold fake diplomas, could easily entice the young to buy insurance. But instead, he cut the advertising budget. His golden touch hides a heart of coal. Trump has extolled the political virtue of letting the ACA fail. Human suffering is a small price to pay for a political victory.
The GOP controls the levers of government. If Social Security fails on their watch, they cannot blame FDR. Such is also the case with the ACA. Democrats must publicly propose changes to improve Obamacare. Republicans fail to act at their own peril.
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