The number of insurers set to sell health plans on Obamacare exchanges in the upcoming open-enrollment period is 25 percent higher than for 2014, as 77 issuers jump into that market, federal officials revealed Tuesday. Health and Human Services Secretary Sylvia Burwell said the boost in insurers willing to sell the new form of health insurance starting Nov. 15 is "a real sign that the Affordable Care Act is working." […] The 77 new issuers will be joining insurers that sell plans in 43 states and the District of Columbia where data about insurance participation was available, HHS said. Those states include the 36 states whose residents bought plans on the federal Obamacare exchange HealthCare.gov, as well as eight states that are operating their own health exchanges.

Obamacare is so doomed, so destined to be a complete failure that collapses under its own weight, that it attracted a boatload of new insurance companies to the exchanges for 2015.Information on insurers in the remaining seven states—Hawaii, Kentucky, Massachusetts, Minnesota, Nevada, Oregon, and Vermont—isn't available yet. Minnesota had one big blow when PreferredOne, the insurer that sold 60 percent of plans on the exchange for 2014 decided not to participate in the next year. It's not clear yet whether other companies will step in there. Thirty-six states will get at least one new insurer and four of those states—Indiana, Missouri, New Hampshire, and West Virginia—will at least double the number of insurers participating.

So that's what "socialized" Obamacare gets you—a whole bunch of private insurance companies that see the opportunity for a lot of new customers and profits.