Laszewski: Mr. President, We Need Answers on ObamaCare

“Goldman Sachs just reported that the thirty not-for-profit Blue Cross plans are expected to lose money as a group for the first time since the 1980s—with the Obamacare exchanges being the key driver.

Already, 12 of the 23 Obamacare created health insurance co-ops have become insolvent with almost all of the rest losing money—100 percent of their business is Obamacare business.

The Obama administration itself has reported that in its risk corridor reinsurance program, the carriers losing money are doing so at a rate eight times larger than the few carriers that are making money.”

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