Three Ways to Fix Obamacare

It has long been clear that many of the health-insurance companies offering policies through the public exchanges set up under the Affordable Care Act of 2010 were losing money. Some big operators, including Aetna, Humana, and United Health Care, have withdrawn from a number of the exchanges, and those insurers that remain have been indicating their intention to raise prices sharply for 2017. “The reality is the Affordable Care Act is no longer affordable,” Mark Dayton, the Democratic governor of Minnesota, said earlier this month. So it shouldn’t have come as a surprise when the Obama Administration this week formally acknowledged that prices will go up for plans purchased on the exchanges.

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