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Thu Nov 19, 2015, 06:53 PM

UnitedHealth may exit Obamacare individual exchanges

UnitedHealth Group Inc raised new questions about the viability of Obamacare on Thursday, saying that in 2017 it might stop selling individual plans on the insurance exchanges created under U.S. President Barack Obama's healthcare law.

The largest U.S. health insurer cited weak enrollment and high medical costs for people who did sign up. Rivals Aetna Inc and Anthem Inc said last month that they were seeing too few people enroll but have not signaled they would exit the business.

"We cannot sustain these losses," UnitedHealth Chief Executive Stephen Hemsley said during a conference call with investors. "We can't really subsidize a marketplace that doesn't appear at the moment to be sustaining itself."

A deterioration in the exchanges in the midst of the 2016 election campaign could provide additional fuel to Republican efforts to overturn the healthcare law. Several of Obama's fellow Democrats are also considering changes to the Affordable Care Act, including whether to alter the "Cadillac tax," a levy on high-cost health plans sponsored by employers.


https://ca.news.yahoo.com/health-insurer-unitedhealth-cuts-full-profit-forecast-110805557--finance.html

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Reply UnitedHealth may exit Obamacare individual exchanges (Original post)
Gamle-ged Nov 2015 OP
Dexter Morgan Nov 2015 #1
Lira Nov 2015 #2
black rifles Nov 2015 #3
Let it go Nov 2015 #4
Gamle-ged Nov 2015 #5

Response to Gamle-ged (Original post)

Thu Nov 19, 2015, 07:38 PM

1. All going according to the plan.

You create the problem which in this case is Obamacare.
You sit back as it causes chaos.
Then you step in with the solution which is single payer and the sheeple rejoice that the government saved them from bad healthcare never mind it will be more expensive and inferior to what they originally had.
I give you "Hegelian dialectic".

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Response to Dexter Morgan (Reply #1)

Thu Nov 19, 2015, 07:56 PM

2. While I agree that the plan may be as you've described,

I do not agree with the rest of your evaluation. We Need single payer and we need to end for profit health care. We need to say fuck you to the AMA and educate more doctors. We need to stop paying for prescriptions for the rest of the world... Obama fucked everyone by allowing the pharmaceutical companies to continue charging Americans way too much money and at the very least, Medicare should be able to negotiate prices the way the VA does.

We do not have the best health care system in the world... our infant mortality rate is right up there with third world nations, as are other outcomes. I'm delighted that you have enough money to be able to pay for whatever you and yours need, but that is not true of most Americans.

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Response to Gamle-ged (Original post)

Thu Nov 19, 2015, 08:24 PM

3. I have had 2 doctors quit

 

Because of this idiocy. anyone thinking oblambacare is a good thing is crazy. Young people are avoiding medical school, and going into other professions, knowing they will never make the money that used to come with the MD,

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Response to Gamle-ged (Original post)

Thu Nov 19, 2015, 09:22 PM

4. Not enough healthy people to pay for the sickies.

If they close shop whoever is stuck in the program won't improve the ratio.

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Response to Let it go (Reply #4)

Thu Nov 19, 2015, 09:30 PM

5. The initial "tax" for those healthy folks who decided not to partake in the Obamacare scheme was...

... quite low, made that way to help get the thing passed in Congress. Then the big tax on the "Cadillac Plans" was delayed and delayed again because the unions screamed, and Democrats do need unions. A whole lot of money was flowing out to pay for the immediate health benefits and minimal amounts of money was flowing in, even with taxpayer subsidies.

I called the insurance companies "useful idiots" for supporting Obamacare, they hoping to get millions of new customers. But they didn't see how conniving the Democrats who passed this mess would be, delaying and delaying the politically painful payments as long as possible, leaving the inscos to pay for services while receiving insufficient funds...

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