How exactly is Obamacare going to implode?

Summarizing furiously: Obamacare is a cross-subsidy program. Young healthy people were expected to pay too much for insurance so that older sicker people could get a bargain. Too few young healthy people went along with this. read more

Obamacare did several things: It made requirements on mandated coverage for every insurance plan. So a 55 year old male is paying for maternity coverage, birth control, etc. read more

Look to its exchanges. The largest U.S. insurer, UnitedHealth Group, just announced that it may withdraw from the exchanges in 2017. read more

Healthy people aren’t signing up and sick people are enrolling at a record pace. This will add billions more to the program’s cost. So much for Mr. Obama’s claim this wasn’t going to cost taxpayers a penny. In 2017 about one in five Obamacare enrollees will have only one insurance plan to choose from. read more