How Long Before Health Insurers are Bankrupted by Obamacare? (parade, premium, conspiracy)

[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?

[aneftp]

That's the goal. ACA was designed to fail so president Hillary can take it one step further for single payer.

[pnwmdk]

Don't worry. A few million donated to Obama's favorite fund and you'll get subsidized to stay in business.

[ctk0p7]

Originally Posted by aneftp

That's the goal. ACA was designed to fail so president Hillary can take it one step further for single payer.

I think single payer would have been less complicated and costly than the ACA mess.

[bUU]

Does anyone note the irony in how some right-wingers spent today whining about how the industry gets windfall profits from ACA and other right-wingers spent today whining about how ACA will bankrupt the industry? It's interesting to see how the right-wing rhetoric that President Obama referred to as "irresponsible" today ends up being contradictory too.

[Goinback2011]

Maybe you can get some kneepads with your Obamacare.

Courtesy of someone paying premiums, of course.

[theunbrainwashed]

Originally Posted by bUU

Does anyone note the irony in how some right-wingers spent today whining about how the industry gets windfall profits from ACA and other right-wingers spent today whining about how ACA will bankrupt the industry? It's interesting to see how the right-wing rhetoric that President Obama referred to as "irresponsible" today ends up being contradictory too.

I think the teabag wing of the GOP is nuts on parade. Never seen a single president make one segment of the political spectrum this nuts, irrational, and crazed

[theunbrainwashed]

Originally Posted by Goinback2011

Maybe you can get some kneepads with your Obamacare.

Courtesy of someone paying premiums, of course.

What's wrong with that?

[sickofnyc]

“A lot of change in '14,” David Cordani, president, CEO and director of Cigna, told investors during an earnings conference call. “But as we talked about, net-net, the change in disruption in the marketplace, we see as creating more opportunity than disruption for us.”

The growth is expected even though insurance companies, awaiting federal and state government decisions on health insurance exchange implementation, aren't sure when those marketplaces will start and exactly how they will work. Companies said they do know they only will participate in those exchanges that are “fairly regulated” and are profitable, said UnitedHealth Group President and CEO Stephen Hemsley.

Health insurers report 2012 earnings with eyes on ACA in 2014 - amednews.com

You seem a helluva lot more concerned than they are.

[theunbrainwashed]

Originally Posted by sickofnyc

You seem a helluva lot more concerned than they are.

In before Cigna CEO is some Obama plant or some other conspiracy theory