The Kaiser Family Foundation has a good reality check this morning on the "exploding Obamacare" narrative. Yes, it found, most insurers' financial performance got worse in 2014 and 2015, the first two years Obamacare was in full effect. But the insurers were starting to recover in 2016 — a sign that the markets could be stabilizing.
The bottom line: The analysis suggests that the insurance market was starting to climb its way out of a hole, not falling apart — but it also says the market could still fall apart because of the uncertainty over what happens next.