Wyoming Liberty Group
Obamacare’s supporters seem to believe that if you give patients insurance, doctors will treat them. But greater access to health insurance doesn’t mean greater access to healthcare. As patients scour Obamacare’s insurance exchange for coverage, they’re finding fewer doctors accepting Obamacare’s insurance as payment. And those that can are spending less time with patients, possibly compromising their care.
Since Obamacare took effect in 2013, the cost of health insurance has exploded. Turns out it’s very costly for the insurers themselves and some are paying the ultimate price.
In early October, one of those insurers, WINhealth, announced it faced severe financial challenges and was leaving the Obamacare exchange. Just 11 days later, the company declared bankruptcy, leaving 13,000 Wyoming customers uninsured.