Obamacare system in ‘insurance death spiral’ warns Texas Governor; total implosion now inevitable

‘He may not be a physician or corporate insurance executive, but Texas Gov. Greg Abbot is astute enough to understand a failing business model – and government policy – when he sees one.
Commenting on health insurance giant Aetna’s recent decision to pull out of most Obamacare-created health insurance exchange markets after losing more than $430 million since 2014, Abbott, in a tweet, noted the obvious:
Commentary: Aetna’s Obamacare pullout means the ‘insurance death spiral’ has arrived. Program is losing billions.’
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