News and Commentary

7 Signs Obamacare Is Totally Failing

Aaron Bandler

President Barack Obama and Democratic presidential nominee Hillary Clinton both have touted Obamacare in their speeches at the Democratic National Convention. Problem is, Obamacare has been a disaster. Here are seven signs that it’s failing.

1. The co-ops have not been successful. The Hill reported on Monday that out of the 23 co-ops established under Obamacare, only seven are still running. Back in July, The Daily Wire reported that the co-ops were going under as a result of Obamacare’s setup of redistributing wealth from insurers with healthy customers to insurers with sick customers, resulting in over $1.5 billion in taxpayer money down the drain.

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