Lawmakers nationwide gave speeches touting the Obamacare exchanges, saying the exchanges will create “competition” (though how this works when the exchanges are all hewn from the same rock and under the auspices of Obamacare apparently never occurred to these legislators) and thereby drive down health-insurance prices. They couldn’t have more wrong as the exchanges are crumbling. A total of five states now only have a single Obamacare-exchange option.

The Daily Signal has the details:

Five states will be down to just one health insurer on the Obamacare marketplace next year, and consumers in 664 counties are projected to face that same situation under a law sold as providing “choice and competition.”

The five states that will have no choice are Alabama, Alaska, Oklahoma, South Carolina, and Wyoming.

Two more states, North Carolina and Kansas, are close to having only one Obamacare insurer, health policy experts note.

Obamacare continues to wreak havoc on American taxpayers’ wallet as the disastrous bureaucratic program doles out inflated salaries and bails out health-insurance companies that couldn’t compete in the free market. Meanwhile, the American people suffer from lost coverage; less access to healthcare providers; skyrocketing health-insurance premiums and the list goes on. Click here to help Tea Party Patriots urge lawmakers to lay this disastrous Obamacare scheme to rest.