BlueGin
Diamond Member
- Jul 10, 2004
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- #41
I think the latest one is UHC that says they lost 400+ million and will end participation by 2017.And the people running it soaking the taxpayers big $$ for salaries.
The obvious answer is that Obamacare does not do a lot of things.
When you buy a bronze plan and your deductible is huge....all you have is a catastrophic plan. It covers one contingency.
You might not have the money for your deductible on a regular basis and these clinics fill a need.
Obamacare......a gift to the insurance industry.
Then what you are going to get is a whine about how come they pulling out of the exchanges (or threatening to).
Somehow this is conflate with "they are not making money". The two are not connected.
Obamacare driven policies are a small portion of insurance.
But Obamacare reaches beyond those and appears to be helping them make more money.