As we have said, Obamacare appears to have entered an insurance death spiral from the moment it came online. I mean started. It took a while to get online.
(From The Daily Caller)
The number of Obamacare enrollments for top health insurer Aetna is plummeting, according to a report from Investor’s Business Daily.
Aetna’s enrollment reached 720,000 by May 20, after the final end to the the extended open enrollment period. But by the end of June Aetna had less than 600,000 paying customers, IBD reports, and the company expects paying customers to fall to “just over 500,000″ by the end of 2015. That would be a drop of just under 30 percent from the May sign-up numbers — the last time the Obama administration released its official Obamacare enrollment tally.