The Obamacare death spiral is quietly getting much worse

If the current state of the health insurance market weren’t so tragic, former President Barack Obama’s many promises and statements about Obamacare would be laughable.

Obamacare could end up being remembered as one of the greatest policy failures in modern history. Premiums and deductibles have skyrocketed, millions of people have lost their insurance and been forced to purchase a new plan (and sometimes get new healthcare providers as a result), and the policy’s greatest “achievement,” if you can even call it that, is getting tens of millions of people dependent on government via Medicaid.