Source: Editorial section ⇥
Why health insurance has reached a crisis point in the Tar Heel State
by Greg Lacour
It’s been a few weeks since Aetna decided to withdraw from the federal health insurance marketplace in North Carolina, a decision made for questionable reasons and with hard consequences for hundreds of thousands of North Carolinians, including me.
frustrating to witness the coverage of Aetna’s (and UnitedHealthcare’s) exits focus on effects and only slightly on causes, as if the impending “failure” of the Affordable Care Act in this state is the result of natural market churn that the law’s architects failed to foresee.
Now we’re looking at one insurer on the exchange, or none, and customers by the tens or hundreds of thousands having to drop health insurance or pay insanely elevated premiums for it, which I thought was the nightmare scenario that the Republican opponents of Obamacare said the law would create, which in a way I guess it did. So perverse congratulations to them for orchestrating the disaster they predicted.
Read This Now ⇥