Sally Pipes: Obamacare has failed to increase competition among insurers – The Orange County Register

Obamacare’s primary objective was to extend affordable health insurance to uninsured Americans. Thanks to the law, many have secured coverage.

But as many as 89 percent of those who signed up for health insurance through the law’s exchanges when they opened in 2014 already had insurance prior to Obamacare.

In other words, millions of Americans just switched from their old policies to new, taxpayer-subsidized ones.

via Sally Pipes: Obamacare has failed to increase competition among insurers – The Orange County Register.