{"id":70352,"date":"2017-02-15T08:00:39","date_gmt":"2017-02-15T13:00:39","guid":{"rendered":"http:\/\/valorguardians.com\/blog\/?p=70352"},"modified":"2017-02-14T19:17:26","modified_gmt":"2017-02-15T00:17:26","slug":"another-one-bites-the-dust-2","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=70352","title":{"rendered":"Another One Bites The Dust"},"content":{"rendered":"<p>I\u2019ve written multiple times previously on the problems inherent in that \u201cwonderful\u201d law called the \u00a0 \u00a0\u00a0 <span style=\"text-decoration: line-through;\">Puerile, Pathetic, and Abominable Collection of Asininity<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Patient Protection and Affordable Care Act, AKA \u201cObamaCare\u201d.\u00a0 Short version:\u00a0 totally stupid idea, ignores basic economic realities, and is completely unaffordable.<\/p>\n<p>Well, for that \u201cwonderful\u201d law . . . \u201cthe hits just keep on coming\u201d.<\/p>\n<p>Yesterday, <em><a href=\"http:\/\/www.foxnews.com\/politics\/2017\/02\/14\/humana-to-leave-obamacare-exchanges-next-year.html\">Humana announced that it will withdraw from ObamaCare health insurance exchanges next year<\/a><\/em>.\u00a0 That&#8217;s assuming, of course, that those exchanges still exist next year.<\/p>\n<p>Why?\u00a0 Simple.\u00a0 <span style=\"text-decoration: underline;\">Insurance companies exist to make money<\/span>.\u00a0 Requiring immediate coverage of preexisting conditions makes that virtually impossible \u2013 because making money under those conditions requires premiums so high that they\u2019re unaffordable. \u00a0\u00a0That leaves insurers two choices:\u00a0 leave the market . . . or lose money.\u00a0 And if they lose enough money, they go bankrupt.<\/p>\n<p>All of this was completely predictable.\u00a0 Well, it was to anyone with a functional understanding of real-world economics.<\/p>\n<p>Hopefully the current Administration and Congress will euthanize the ignorant economic abomination called ObamaCare before Humana acts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I\u2019ve written multiple times previously on the problems inherent in that \u201cwonderful\u201d law called the \u00a0 &hellip; <a title=\"Another One Bites The Dust\" class=\"hm-read-more\" href=\"https:\/\/www.azuse.cloud\/?p=70352\"><span class=\"screen-reader-text\">Another One Bites The Dust<\/span>Read more<\/a><\/p>\n","protected":false},"author":623,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[88],"tags":[],"class_list":["post-70352","post","type-post","status-publish","format-standard","hentry","category-health-care-debate"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/70352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/623"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70352"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/70352\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}