WelfareQueen
Diamond Member
So, Obama is threatening to stop Insurance companies from participating in Obamacare if they attack it.
If its so bad, why would the insurance companies care if they weren't allowed to participate?
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Doc,
You might want to listen to the the piece again more carefully. The specific statement was "48% of insurance companies revenues come from Medicare and Medicaid." That is what they are being threatened with. Both my wife and I have post-graduate degrees in health care, and have worked for very large health care corporations for years.
If the threat alleged on Anderson Cooper's Show is real...that is very significant. For example, I managed contracting services for Evercare. That is a Medicare product sold through United Healthcare. That program exists through a license granted by the Federal Government. When the license periods expires (It lasts five years) what if the Government suddenly decides not to renew?
It is a serious threat if true. Listen to the piece again.![]()
You might regret telling me to watch it - because now that I have, it's pretty clear the whole thing is likely bullshit.
The whole story is based on a well-known anti-Obamacare lobbyist's unnamed "insider sources".
I'm glad you watched it again. Please note, I was very careful in what I said. Such as "if true," "alleged," etc.
I agree with you...I don't know if it's true or not. My only point is the Government wields a lot of power over insurance companies. If true....it is very serious.