How Long Before Health Insurers are Bankrupted by Obamacare?

[ctk0p7]

Originally Posted by Goinback2011

You think the Federal government is going to make the industries less corrupt?

That's hilarious.

So the healthcare and insurance industry would work perfect through self-regulation then? Bet that works as well as self-deportation of illegals.

[Casper in Dallas]

Originally Posted by Goinback2011

Any good estimates with some numbers?

One of the reasons implementation was delayed was to give the insurers an opportunity to raise rates and build up a warchest so they didn't go bust immediately.

How long could, say, a billion dollar surplus last once the Obamination starts draining them?

Pawns doing the work of their masters, the Biggest Business in America, Insurance Companies.

[dreamofmonterey]

Originally Posted by lucknow

I like the way we did it here in Canada. One day the government just announced to the health insurance companies, "Game over boys, the fat lady sang"!!!!!!

The more progressive and forward looking of these companies are still around today and are still mega corporations. They just changed to type of insurance they sold. Our universal system covers all a persons basic medical needs but not all of the things a person might elect to do. For example the system does not pay for plastic surgery for vanity reasons. You can buy private insurance that will cover things like that. Your universal coverage does not supply you with a private room in the hospital, extended coverage that you buy yourself will cover it.

Those insurance companies that used to sell medical insurance that is redundant now, sell life, disability and have morphed into investment dealers more than anything.

^^this.

OP is crying over insurance corporations losing $$$$$$?

LOL. major fail

may as well be asking for sympathy for banksters. Not happening.