The largest player on Minnesota’s ObamaCare exchange is dropping out, and not even the promise of federal subsidies can get it back.
Earlier today PreferredOne – an insurance company that covered 59 percent of Minnesota’s ObamaCare population – announced that it will not offer health care plans next year paid for with ObamaCare subsidies.
Apparently, the decision is being driven by high administrative costs associated with doing business with MNsure. Even after hiring an additional 50 workers to handle the exchange’s post-launch fixes and tweaks, PreferredOne says continuing to participate is financially unsustainable.
The move makes it likely that MNsure’s ObamaCare rates will jump since PreferredOne sold the lowest cost option. Those rates will be released sometime in…[more]
This article originally appeared in the Washington Examiner on July 24, 2014.
One of the glories of the United States is that every two years for more than two centuries, we’ve had a regularly scheduled election without fail and largely without incident.
Underlying this grand tradition is a basic bargain: Political victories won’t be based on the size of one’s army or on one’s ability to circumvent the rules, but on the potency of one’s arguments.
Over the past few years, however, that compact has begun to erode as Washington Democrats have grown increasingly at…
"For Obama, a successful counterterrorism strategy is one that simply saves him from having to talk about terrorism. That’s the approach that led to the rise of the Islamic State. As for the 'success' in Yemen, on Monday the Wall Street Journal reported: 'Scores of al-Qaeda militants have moved into Yemen’s capital Sanaa in an attempt to exploit swelling political unrest and destabilize…[more]
—Jonah Goldberg, National Review Online Editor-at-Large
— Jonah Goldberg, National Review Online Editor-at-Large