Obamacare Death Spiral: First 2018 Coverage Map Reveals At Least 47 Counties With No Coverage

“A drop dead sprint from the day he’s born straight into his maker’s arms.” – The Black Keys 

Some think Obamacare was designed to implode so that it would create the impetus for socialized, taxpayer funded medicine. Some say that Obamacare is just a flat out disaster that was constructed horribly by people who thought they were smarter than they actually are. I think it’s a mix of both but more parts just plain old idiotic statism than any sort of conspiracy.

Like all things Obamacare was born to die. But the mix of incompetence and hubris which defined its creation ensured a swift demise.

(From Zerohedge)

The Centers for Medicare & Medicaid Services (CMS) is releasing a county-level map of 2018 projected Health Insurance Exchanges participation based on the known issuer participation public announcements through June 9, 2017. This map shows that insurance options on the Exchanges continue to disappear. Plan options are down from last year and, in some areas, Americans will have no coverage options on the Exchanges, based on the current data.

 The CMS map displays point in time data and is expected to fluctuate as issuers continue to make announcements on exiting or entering specific states and counties. It currently shows that nationwide 47 counties are projected to have no insurers, meaning that Americans in these counties could be without coverage on the Exchanges for 2018. It’s also projected that as many as 1,200 counties – nearly 40% of counties nationwide – could have only one issuer in 2018. Currently, for 2018 at least 35,000 active Exchange participants live in the counties projected to be without coverage in 2018, and roughly 2.4 million Exchange participants are projected to have one issuer.  It’s expected that the number of consumers with no coverage choices will rise.

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