Tennessee isn't the only state looking to salvage its Obamacare insurance exchange, but its problems are illustrative of how Obamacare's meltdown is proceeding. The state director and the president of Club for Growth in Tennessee penned an op ed in the Wall Street Journal that lists the ways that state government is trying to save what they can of a collapsing system. Seventy-three out of Tennessee’s 95 counties will have only one insurer on the exchange, meaning no meaningful competition whatsoever. In regions where BlueCross BlueShield is pulling out, there will be two remaining major carriers, Cigna and Humana. The only large metro area with more options will be Chattanooga. Then there are the premiums. State regulators have already approved the highest annual rise in the nation, a weighted average of nearly 56%, according to data at ACASignups.net. The rate increases authorized in late August include an average of 62% for...(Read Full Post)