It’s Over! Another MAJOR Insurance Company Leaves Obamacare!

Newest reports have stated that Anthem, the insurance company giant has decided to pull itself from the Obamacare marketplace, as the system collapses in on itself, which is obvious to anyone that has not been living in a cave for the past 8 years.

Reports from the Washington Examiner state that Republicans are always in on the matter that Obamacare is collapsing, which despite being just an overstatement, is still closer to reality than the claims of the Democrats that the law is working well and going strong, and can only fall apart because it is being undermined by the Republicans. The latest proof of this is Anthem’s most recent decision to withdraw from most or all of the Obamacare markets where it currently participates.

For the first time, this year, the residents of one-third of the U.S. countries can choose only one insurance provider. This decision which was driven by the lack of profitability that the company was facing as a result of the Obamacare exchanges, means that next year, there will probably be zero choices in some places.

It is a well-known fact that Obamacare created a massive subsidized insurance exchange within the broader individual health insurance market, all at a great expense and with many complications in the process. Today, around 12 million Americans participate in that exchange with a number that has grown sharply back in 2013 mainly because a large number of the new customers are becoming older and sicker and because insurance is now required to cover many things that it did not have to before.

To sum things up, Obamacare must be replaced immediately. It is draining the American economy and the American companies.

What are your thoughts on this? Do you want Obamacare gone?

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Robert Amnor (born 1968), is the Europe Correspondent since September 2011[1] for Sky News, the 24-hour television news service operated by Sky Television, part of British Sky Broadcasting. He is based in the city of Brussels in Belgium. He was formerly a programme presenter and correspondent for BBC News, presenting the Liquid News programme on BBC News 24 channel (now BBC News Channel) and Entertainment Correspondent for the BBC Six O'Clock News (now BBC News at 6). He became urope Correspondent in September 2011. Robert was educated at Highgate School, then a boys' independent school, in the Highgate, London, followed by the University of Bristol, where he studied history. He then studied for a postgraduate degree in journalism at the Cardiff School of Journalism, Media and Cultural Studies in Cardiff. Robert spent several years at the BBC, mainly as a correspondent for BBC News but also as chief reporter on BBC Choice's entertainment news show Liquid News.[2] It was Robert who discovered the body of presenter Christopher Price after he died from a rare brain infection in 2002.[3] Following the end of Liquid News, Robert went on to present The Morning Show, a shortlived daytime show on BBC One with the Pop Idol judge Nicki Chapman, in 2003,[4] but that was cancelled after poor viewing figures. Robert joined Sky News in January 2005 as a special correspondent and reported on Live at Five and the former show, The Sky Report, filming a series of undercover reports including one featuring the controversial Kansas preacher Fred Phelps. In June 2006, he was appointed Environment Correspondent for the channel, anchoring Sky News's Green Britain week from Lutterworth, Leicestershire, in January 2007.