Hemsley largely blamed his company’s potential withdrawal from the marketplaces on some Obamacare consumers signing up for coverage and amassing big healthcare bills, only to later drop the coverage when they decide they can’t afford it, leading to big losses for the plan.
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And who didn’t know that would happen?
After the Obama administration reported in February that 11.7 million Americans had selected marketplace plans, that number had fallen 15 percent by June, when officials reported just 9.9 million had continued paying the monthly premium.
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And who didn’t know that would happen?
Anthem is positioning itself to become the go between in a government mandated single payer system and the government is complicit. Crony capitalism strikes again.
If all of the insurers bailed, would we end up with the lib utopian "Single Payer System"? (i.e. Uncle Sam?)
The only thing unexpected here is that Obama had planned for the implosion to happen on somebody else’s watch.
Ooooops!
Obamacare was done with insurers’ buy-in, all as a big price increasing and control-taking scam against Americans. Just more Big Guv & Big Biz eating us cooked frogs.