And many millions more would like for insurance to cost what it did 40 years ago before the government started messing with it.
President Barack Obama’s decision not to fight for a public option in his Affordable Healthcare Act is coming back to haunt him, as America’s largest for-profit insurance companies are rejecting the landmark legislation across the country.
Aetna is the latest private, for-profit health insurer to distance itself from the reform package better known as Obamacare, announcing it will cut its participation next year, leaving thousands of vulnerable Americans in the lurch.
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Obama vetoes legislation repealing #Obamacare defunding #PlannedParenthood https://t.co/HxgAaAVmu3
Even Obama himself admitted the failures of Obamacare, writing in the Journal of the American Medical Association (JAMA) earlier this month.
“Too many Americans still strain to pay for their physician visits and prescriptions, cover their deductibles, or pay their monthly insurance bills; struggle to navigate a complex, sometimes bewildering system; and remain uninsured,” the president wrote.
His progressive critics say he only has himself to blame, since he’s the one who made “a deal with the devil — the for-profit health care industry — to kill any meaningful public option in exchange for their support for industry-friendly health care reform and campaign cash,” according to Miles Mogulescu, in his 2010 Huffington Post, “Who’s Killing the Public Option?”
Aetna is now saying it will offer Obamacare in only four states from next year, a significant drop of 70 percent from its current 15 states.
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Top private US insurer to pull out of most state #Obamacare health exchanges https://t.co/FJkK04DWgX