In an article published in the AMA Journal, President Obama called for establishing a public option for Obamacare websites.  The reason for the public option is simple: the spectacular failure of Obamacare state co-ops that were supposed to be a lower-priced alternative to private insurance.  To date, 13 of the 23 state co-ops established when Obamacare was rolled out have since failed, with more collapses expected by year's end. Two more state co-ops bit the dust in the last few days.  InHealth Mutual, Ohio’s co-op, is closing shop after losing $129 million of taxpayer funds.  And Oregon's beleaguered co-op is also going under.  That  collapse follows the spectacular failure of the Oregon Obamacare health insurance portal that cost taxpayers more than $300 million and whose website was so dysfunctional that it never signed up a single customer. Reuters: "Now, based on experience with the ACA, I think...(Read Full Post)