reason10
Governor
http://www.foxnews.com/politics/2016/08/10/obamacare-problems-deepen-as-insurers-scramble-to-stem-losses.html#
ObamaCare problems deepen as insurers scramble to stem losses
Six years after ObamaCare was signed into law – and countless assurances later that the law is “working” – America’s major insurance companies are facing mounting losses and threatening to pull out of the exchanges, leaving customers facing higher costs and fewer options.
While clear evidence that the law was expanding coverage, the soaring enrollment numbers have created a fiscal nightmare for insurers which, in turn, has serious consequences for customers.
A majority of new enrollees are considered high risk, meaning insurers will have to spend more money on people in poor health and requiring expensive care.
One by one, the nation’s top insurers – Humana, UnitedHealth Group, Blue Cross and Anthem – have shifted their tone on the law.
Once optimistic, each has reported struggles with plans sold on the exchanges. Many say they weren’t ready for the influx of customers that have generated more claims than predicted.
As a result, companies are scrambling to find ways to cut their losses and stop the fiscal bleeding. A few say they’ll be forced to pass on costs to customers.
See, back when this [Unwelcome language removed] abortion of a bill was being considered, conservative Republicans PREDICTED this would happen EXACTLY AS IT HAS HAPPENED.
You liberals who want to argue or spin this, just
WHAT GODDAM GOOD DOES IT DO A PERSON TO HAVE AN INSURANCE POLICY HE/SHE CAN'T [Unwelcome language removed] AFFORD TO USE?
DUMB SHITS!
ObamaCare problems deepen as insurers scramble to stem losses
Six years after ObamaCare was signed into law – and countless assurances later that the law is “working” – America’s major insurance companies are facing mounting losses and threatening to pull out of the exchanges, leaving customers facing higher costs and fewer options.
While clear evidence that the law was expanding coverage, the soaring enrollment numbers have created a fiscal nightmare for insurers which, in turn, has serious consequences for customers.
A majority of new enrollees are considered high risk, meaning insurers will have to spend more money on people in poor health and requiring expensive care.
One by one, the nation’s top insurers – Humana, UnitedHealth Group, Blue Cross and Anthem – have shifted their tone on the law.
Once optimistic, each has reported struggles with plans sold on the exchanges. Many say they weren’t ready for the influx of customers that have generated more claims than predicted.
As a result, companies are scrambling to find ways to cut their losses and stop the fiscal bleeding. A few say they’ll be forced to pass on costs to customers.
See, back when this [Unwelcome language removed] abortion of a bill was being considered, conservative Republicans PREDICTED this would happen EXACTLY AS IT HAS HAPPENED.
You liberals who want to argue or spin this, just
WHAT GODDAM GOOD DOES IT DO A PERSON TO HAVE AN INSURANCE POLICY HE/SHE CAN'T [Unwelcome language removed] AFFORD TO USE?
DUMB SHITS!
