One of the things that seems to be missing in the comments by the few politicians who actually support ObamaCare is the understanding that insurance companies are businesses–their goal is to make a profit. If the rules of the game are such that the insurance companies cannot make a profit, they can easily choose not to participate in the marketplace involved. We are now seeing that dynamic in ObamaCare.

CNS News reported yesterday that Blue Cross, Aetna, United, and Humana, the major health insurance companies, will not be participating in the health-insurance exchanges in various states.

Aetna, an insurance company founded in Connecticut, has pulled out of the exchanges in Connecticut, Georgia and Maryland, saying that the limitations that would be imposed on them by those states would not allow them to make a profit. The company never planned to participate in the California exchanges, and will not be doing so. They are, after all, a private company in business to make a profit.

Senator Max Baucus recently stated about ObamaCare, “I just tell ya, I just see a huge train wreck coming down.” He is one of the Senators who supported ObamaCare when it was passed. I think he is right.