Obama is laughing his ass off. He’ll be gone in a year and somebody else is going to have to clean up his mess.
Guaranteed profits in exchange for “cooperating” with the government as a “partner”.
What could go wrong?
UHC has actuaries who knew Obamacare was a financial train wreck. They were not Grubered. Their bet was that government mandates would kill their smaller competitors. Their marketshare game failed, as Obamacare was destined to fail, and now UHC is on the path to shutdown as single payer is just around the corner.
Crony socialism leads to outright Marxism.
UHC <=> AARP iirc.
Who is John Galt?
Regards,
The deal on (N)AFA plans is that a credit is given if your income is between 1.33x and 4x the poverty level. However, once your income is outside of those levels -- BAM -- you loose ALL your subsidy. You can only change plans Nov 1 - Jan 31 and during a "life event". So if your income goes up or down you'll be clobbered with a TOTAL LOSS of the subsidiary. How can you project that witg total accuracy. It's a TOTAL DISINCENTIVE to work hard, smart, and productively.
We switched to a Christian-based share plan that is allowed by the Act and will save us thousands of dollars. Send a private message if you want more info.
All is going according to plan, F Up healthcare so badly that people will be for Single-Payer, even conservatives.
Stockholders are unreasonable like that--We don't like seeing our investment mismanaged or our money pissed away.
The medical center that my family goes to, which is big and has lots of doctors and specialists, no longer accept BC/BS HMO Blue Texas or BC/BS Medicare Advantage Plans. They sent a letter that states if you have an appointment with them after Jan. 1 and you are on one of those plans, your appointment is canceled. My insurance (a PPO) has changed, as well. Co-pays are much higher and they are more inclined to refuse to pay for certain things, which has never happened before.