Residents of Knoxville, Tennessee, may soon find themselves without any Obamacare health insurance options outside of what their employers might provide them.
Only one insurer remains on the Obamacare marketplace in Knoxville: Humana. The problem is that the insurer plans to exit the market in 2018, meaning that “[u]nless another carrier steps in, roughly 40,000 people in the 16 counties in and around Knoxville could be left without the option to buy a subsidized insurance policy,” according to CNN.
Of course, considering that nobody, save for the disabled and elderly, deserves taxpayer-funded subsidies for their healthcare, this could be a good thing.
As noted by The Daily Caller, this debacle nevertheless provides a perfect illustration of everything that is wrong with former President Barack Obama’s failed healthcare law: “It doesn’t promote market-based competition.”
“Insurers pull out of marketplaces where it is not cost-efficient for them to provide services, and, as a result, consumers are left with fewer options at higher prices,” the publisher added.
Note that the citizens of Knoxville would still retain the option to purchase insurance via the private marketplace. The problem here is that insurance prices have skyrocketed so much because of Obamacare that obtaining a plan without any subsidies is like tossing all your money down the toilet.
The only true fix for this dilemma would be the total repeal of Obamacare — a task that has thus far evaded Republican legislators, who instead initially sought to replace the failed healthcare law with a toned-down version that many described as “Obamacare Lite.”
CNBC: Humana’s exit from 2018 Obamacare market sets states and insurers scrambling
Forbes: Is It Time To Acknowledge That Obamacare Is Collapsing?
Zero Hedge: How Obamacare Destroyed The Middle Class In One Chart
There is somewhat good news on the horizon, though. According to Breitbart, Freedom Caucus chair Rep. Mark Meadows met with Vice President Mike Pence late Monday to discuss a new repeal/replace plan.
But again, why not just repeal the law altogether? It’s clear as day in Knoxville and other places across the nation that Obamacare is simply not working, so why delay the inevitable? Just remove the law from existence already.
Here’s the truth: every second that both President Donald Trump and the GOP Congress allow to pass without repealing Obamacare, more Americans suffer. So please, for the sake of the nation and our wallets, repeal this law already!