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New Mexico insurance company abandoning Obamacare exchange

Finding out what’s in it: A major New Mexico health insurance company has decided to stop selling individual insurance policies through the Obamacare exchange.

Apparently, people who got insurance through the exchange were generally sicker to begin with, and were poorer (80% required subsidies). The company decided the cost was too much.

Meanwhile, Obama has declared that the solution to this very bad government-run health care system is more government!

President Barack Obama, reviewing his signature health law six years into its implementation, is suggesting Congress and his White House successor add a government-run, or public, insurance option to the Affordable Care Act and increase federal financial assistance for people to buy coverage.

The problem with this proposal is this is exactly what the Obamacare exchanges were, except that the health insurance itself was provided by private companies. Obama is suggesting we expand the exchanges (which have failed miserably), but augment that failure with a system kind of like the Veterans Administration, where the government provides the healthcare. That should work just great, assuming we lived in a fantasyland invented by progressive leftists who pay no attention to reality.

But then, I think we do, considering how many people seem willing to vote for Hillary Clinton, a big supporter of Obamacare and a long time proponent of it.

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Conscious Choice cover

Now available in hardback and paperback as well as ebook!

 

From the press release: In this ground-breaking new history of early America, historian Robert Zimmerman not only exposes the lie behind The New York Times 1619 Project that falsely claims slavery is central to the history of the United States, he also provides profound lessons about the nature of human societies, lessons important for Americans today as well as for all future settlers on Mars and elsewhere in space.

 
Conscious Choice: The origins of slavery in America and why it matters today and for our future in outer space, is a riveting page-turning story that documents how slavery slowly became pervasive in the southern British colonies of North America, colonies founded by a people and culture that not only did not allow slavery but in every way were hostile to the practice.  
Conscious Choice does more however. In telling the tragic history of the Virginia colony and the rise of slavery there, Zimmerman lays out the proper path for creating healthy societies in places like the Moon and Mars.

 

“Zimmerman’s ground-breaking history provides every future generation the basic framework for establishing new societies on other worlds. We would be wise to heed what he says.” —Robert Zubrin, founder of founder of the Mars Society.

 

All editions available at Amazon, Barnes & Noble, and all book vendors. The ebook can be purchased direct from my ebook publisher, ebookit, in which case you don't support the big tech companies and I get a bigger cut much sooner. Note that the price for the ebook, $3.99, goes up to $5.99 on September 1, 2022.

 

Autographed printed copies are also available at discount directly from me (hardback $24.95; paperback $14.95). Just email me at zimmerman @ nasw dot org.

2 comments

  • wodun

    Some people think that if you take profit out of the equation that everything magically becomes better. With no profits, you can provided unlimited services. What can’t be taken out of the equation is cost. No matter who foots the bill, there will always be cost. Look at the VA or the British NHS, people don’t get every single service they need or desire.

    The notion that avoiding cost considerations leads to health care paradise in absurd. And a system where government decides who is worthy of getting care, and who isn’t, leads to institutional systematic abuses.

  • Edward

    The purpose of profit, in the free market capitalist system, is to reward efficiency — the reduction of cost. He who finds an improvement, a less expensive way to produce the same or better goods or services, gets to make the profit. He who does not loses his profit to the one who did.

    This apparently sounds unfair to the socialist, but to the consumer, it is wonderful, as he spends less and gets more. It is also fair to the innovator, as he gets rewarded for his work.

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