Tuesday, August 1, 2017

With Repeal Off The Table, Media Suddenly 'Discover' That ObamaCare Is In Deep Trouble

Investor's Business Daily ^ | 7/31/2017 | Staff 

Health Care: Now they tell us. After spending months pumping out stories about how great ObamaCare is, the news media are now admitting that, lo and behold, ObamaCare is unsustainable. What's changed?
On Saturday, The New York Times ran a big story that began this way: "Republicans have failed to repeal and replace the Affordable Care Act. Now, can it be repaired?"
Repaired?
Up until last week, the Times had been reassuring its readers that ObamaCare was doing just fine. In an April story, for example, it said that "growing evidence suggests that the markets are far from collapse. Several recent analyses argue that this year's increase was a market correction, and that a smoother market would follow in the years ahead."
It added that "many insurers had been struggling to make money but now seem closer to breaking even."
Another Times article from a few months back quoted Gary Claxton, a vice president at the Kaiser Family Foundation, saying that "things are getting better."
In fact, we were told that the only reason the ObamaCare markets were struggling now was because Republican repeal threats were creating "uncertainty."
Now the Times is telling readers that "even people who rely on its coverage agree that it still has big problems."
(Excerpt) Read more at investors.com ...

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