Posted on 11/20/2015 3:58:16 PM PST by Libloather
It wasn't very long ago that President Obama would jeer at Republicans for the many congressional votes they had taken to amend or repeal his healthcare law. But, much though he loves to jeer - his shameful and unpresidential fit of pique about GOP concerns on terrorists camouflaged as refugees, was a recent example - the president may soon beg them for a few more such votes. Because as its sixth birthday approaches, his health insurance law is in critical condition.
The latest bad Obamacare news came on Thursday, when America's largest insurer had to tell Wall Street that it is losing its shirt by participating in the Obamacare exchanges. In a press release, UnitedHealth Group slashed its earnings outlook, causing its stock to fall by 6 percent in the first few minutes of trading.
The release notes that although the rest of UnitedHealth's business is performing "in line with expectations," its earnings would take a $425 million hit in 2015 and 2016 thanks to "projected losses on individual [Obamacare] exchange-compliant products."
Maybe Hussein can do it all by himself.
"ELECT DEMOCRATS OR YOU WILL ALL LOSE YOUR INSURANCE AND DIE!"
0Care was designed and intended to crumble but not before Michael/Michelle’s friends snagged a billion dollar contract to design the electronic rollout of this complete racketeering enterprise. OCare is a glittering showcase of theft, graft, corruption, and fraud of the highest order.
Gruber knew
This year these MFs have raised premiums 1500 dollars and deductibles another 1500 for the same plan I had last year.
Would have had to pay 10 grand out of pocket before they paid a dime.
Used to be you paid for the highest premium plan, you were covered 100% for scrips and hospitalization.
Now they want 8600 in premiums from me, another 12500 from my employer, then a 1500 dollar deductible on top before they pay for a doctor , and 6800 on top if you go to the hospital
Went with the cheapest premium plan possible instead , they will be seeing 7 grand a year in premiums less from me and I will take my chances
Yea, I used to be able to afford GOOD healthcare before Obamacare. Now I can afford BAD healthcare. So I don’t pay for it.
I don’t know. I wonder how many dhimmis are going to be running away from bozocare come next Nov.
They all knew and many of us knew that this was just a painful intermediate step to single payer.
I wonder how many dhimmis are going to be running away from bozocare come next Nov.”
There would be a lot more and this would not have gone on for so long if they had to have the same insurance they determined was okay for the rest of us.
A collapse of Obamacare was the plan from the beginning. It was supposed to be so complicated and expensive that Gruber’s “stupid” voters will be begging for single payer and heavy duty death panels.
“Women and minorities hardest hit”!
I think most Dems will run on ‘saving or reforming’ Obamacare- with more taxes on the ‘rich’ of course.
Maybe she actually read it before she voted.
Fk that.
Big Pharma and Insurance had their hands all over this POS travesty.
They authored and consulted on this crap amd made sure the lobbyists got congressional sponsors.
You and your A-hole investors own it and can keep playing music until the bow of your ship slips beneath the tide.
I am again’st repeal until you fkrs hurt....
Now the RATs want to bail out United Health Care with our tax dollars, just to save Obamacare. The Republic nears its end, as intended by the traitor in chief.
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