Devon Herrick of the National Center for Policy Analysis writes on the Affordable Care Act. The scam that is the ACA is in a death spiral, with three major insurers, Humana, United Healthcare, and Cigna, having reported huge losses in 2015. These companies aren’t making enough in profit to pay out claims, and are either requesting premium hikes of 50% or more, or dropping Obamacare altogether. United Healthcare, in particular, took a $720 million loss while attempting to service the Obamacare exchange, and now wants out. Obamacare was sold as a way for everyone to have access to affordable health insurance. In reality, it wrecked the entire industry while making it far more expensive to gain coverage, which is why millions of people are preferring to not buy coverage and pay the penalty.