Obamacare has never been more successful. It’s also never been more obviously unsustainable.
In the wake of Covid-19 and the subsequent rise in unemployment, more Americans than ever turned to the Affordable Care Act (ACA)’s marketplace to buy health insurance. Since early March, when president Joe Biden started a new open-enrollment period, more than 200,000 Americans have signed up. In 2020, 11.5 million health insurance policies were bought through the ACA, and of them, ...