Revealing that which is concealed. Learning about anything that resembles real freedom. A journey of self-discovery shared with the world. Have no fellowship with the unfruitful works of darkness, but rather reprove them - Ephesians 5-11 Join me and let's follow that high road...
Showing posts with label Obamacare fucks Americans. Show all posts
Showing posts with label Obamacare fucks Americans. Show all posts
Wednesday, July 19, 2017
Sunday, May 14, 2017
before Obamacare the Insurance companies made $6 billion a year and after Obamacare $16 billion per year
Major Insurance Company Ditches Obamacare, Profits Skyrocket
UnitedHealthcare Group’s quarterly profit skyrocketed after the insurance provider drastically downsized its participation in the Obamacare exchanges.
The company’s profit rose by 35 percent in the first-quarter of 2017, and expanded nearly every aspect of its operation, including its participation in Medicare Advantage and Medicaid plans, The Associated Press reports. In total, UnitedHealth brought in $2.17 billion in first-quarter earnings, with $48.72 billion in revenue. Shares of UnitedHealth are up 1.08 percent as of 2:12 p.m. Tuesday afternoon.
UnitedHealth’s operating income also rose outside of its health insurance offerings. The company experienced a 16 percent bump in operating earnings from Optum, another facet of UnitedHealth. Optum provides it with pharmacy benefits management and technological capabilities, as well as a network of doctor and clinical offices.
Following what amounted to a $475 million loss from participating in the exchanges in 2015, UnitedHealth announced in April 2016, that it would back out of all but a “handful” in 2017. The group expected to lose as much as $800 million in 2016.
“The
smaller overall market size and shorter term, higher-risk profile
within this market segment continue to suggest we cannot broadly serve
it on an effective and sustained basis,” UnitedHealthcare Group CEO
Stephen Hemsley told reporters in 2016. “Next year, we will remain in
only a handful of states, and we will not carry financial exposure from
exchanges into 2017.”
UnitedHealth is not alone. Insurance providers Aetna and Humana are also leaving the exchanges.
http://dailycaller.com/2017/04/18/major-insurance-company-ditches-obamacare-profits-skyrocket/
Health insurance industry rakes in billions while blaming Obamacare for losses
Major insurance companies are enjoying record profits but claim they are losing money under the Affordable Care Act
https://www.consumeraffairs.com/news/health-insurance-industry-rakes-in-billions-while-blaming-obamacare-for-losses-110116.html
Major health insurance company CEO says Obamacare is in a ‘death spiral’
http://www.theblaze.com/news/2017/02/15/major-health-insurance-company-ceo-says-obamacare-is-in-a-death-spiral/
UnitedHealthcare Group’s quarterly profit skyrocketed after the insurance provider drastically downsized its participation in the Obamacare exchanges.
The company’s profit rose by 35 percent in the first-quarter of 2017, and expanded nearly every aspect of its operation, including its participation in Medicare Advantage and Medicaid plans, The Associated Press reports. In total, UnitedHealth brought in $2.17 billion in first-quarter earnings, with $48.72 billion in revenue. Shares of UnitedHealth are up 1.08 percent as of 2:12 p.m. Tuesday afternoon.
UnitedHealth’s operating income also rose outside of its health insurance offerings. The company experienced a 16 percent bump in operating earnings from Optum, another facet of UnitedHealth. Optum provides it with pharmacy benefits management and technological capabilities, as well as a network of doctor and clinical offices.
Following what amounted to a $475 million loss from participating in the exchanges in 2015, UnitedHealth announced in April 2016, that it would back out of all but a “handful” in 2017. The group expected to lose as much as $800 million in 2016.
UnitedHealth is not alone. Insurance providers Aetna and Humana are also leaving the exchanges.
Health insurance industry rakes in billions while blaming Obamacare for losses
Major insurance companies are enjoying record profits but claim they are losing money under the Affordable Care Act
https://www.consumeraffairs.com/news/health-insurance-industry-rakes-in-billions-while-blaming-obamacare-for-losses-110116.html
Major health insurance company CEO says Obamacare is in a ‘death spiral’
http://www.theblaze.com/news/2017/02/15/major-health-insurance-company-ceo-says-obamacare-is-in-a-death-spiral/
Friday, February 3, 2017
400,000 Fewer Americans Enrolled In Obamacare For 2017, mainly because it's a suck ass useless insurance that doesn't cover anything and is expensive in the extreme
Despite The Democrats decrying the Trump administration for its
efforts to repeal and replace President Obama's Affordable Care Act, it
seems around 400,000 fewer Americans decided for themselves that Obamacare wasn't for them in 2017. In just one month alone.
WOW
As Axios reports, Obamacare enrollment for this year appears to have ended slightly down from last year, according to enrollment numbers released this afternoon by the Centers for Medicare and Medicaid Services.
Only people in Ofuckocare are the jihadists and minorities who GET IT FOR FREE. EVERYONE ELSE HAS TO PAY!
WOW
As Axios reports, Obamacare enrollment for this year appears to have ended slightly down from last year, according to enrollment numbers released this afternoon by the Centers for Medicare and Medicaid Services.
The agency said about 9.2 million people signed up in the 39 states that use the federal HealthCare.gov website by Jan. 31.It's the first indication that the Trump administration's opposition to the law, and its decision to pull TV advertising, may have had an impact, since the pace of enrollment had been ahead of last year's until mid-January.
While that's not a total enrollment figure, 9.6 million people signed up through that website at the end of last year's open enrollment.
Only people in Ofuckocare are the jihadists and minorities who GET IT FOR FREE. EVERYONE ELSE HAS TO PAY!
Monday, October 24, 2016
Remember when Obama said that Obamacare would "lower premiums by up to $2,500 per family per year"...turns out some folks were lied to.
Obamacare is all about going to a single payer system. With you as the payer. |
Subscribe to:
Posts (Atom)