More Bad Obamacare News - Beginning of End?
Apr 19, 2015 13:36:16 #
Two major barometers of health industry profits, insurance giant UnitedHealth Group and hospital operator HCA Holdings last week raised their 2015 revenue projections by billions of dollars.
This is due to obamacare adding millions of more subsidized private insurance and expanding state Medicaid coverage.
Those billions in profits would be difficult to take away in any repeal legislation via insurance lobbyists.
Other red states are now expanding obamacare. Next week, more insurers will post earnings too. This could be the end of any repeal.
http://www.forbes.com/sites/brucejapsen/2015/04/19/health-industry-seeing-best-obamacare-quarter-yet/
This is due to obamacare adding millions of more subsidized private insurance and expanding state Medicaid coverage.
Those billions in profits would be difficult to take away in any repeal legislation via insurance lobbyists.
Other red states are now expanding obamacare. Next week, more insurers will post earnings too. This could be the end of any repeal.
http://www.forbes.com/sites/brucejapsen/2015/04/19/health-industry-seeing-best-obamacare-quarter-yet/
Apr 19, 2015 13:44:21 #
UncleJesse wrote:
Two major barometers of health industry profits, i... (show quote)
Well, there's only one way to prevent that, and that's to switch to single payer. Even a public option might've at least put a thorn in their sides.
But right wingers didn't want that, so yes, now private insurance companies will be making even more money.
The end of any chance of repeal happened on March 23, 2010. Any beliefs after that date were just pathetic delusions.
Apr 19, 2015 13:49:43 #
Exactly how would multi-billion profit industry endorse their end with single payer system or a public option?
Haughty Lib wrote:
Well, there's only one way to prevent that, and that's to switch to single payer. Even a public option might've at least put a thorn in their sides.
But right wingers didn't want that, so yes, now private insurance companies will be making even more money.
The end of any chance of repeal happened on March 23, 2010. Any beliefs after that date were just pathetic delusions.
But right wingers didn't want that, so yes, now private insurance companies will be making even more money.
The end of any chance of repeal happened on March 23, 2010. Any beliefs after that date were just pathetic delusions.
Apr 19, 2015 13:59:30 #
UncleJesse wrote:
Exactly how would multi-billion profit industry endorse their end with single payer system or a public option?
No good legislation gets passed without a poison pill attached.
Apr 19, 2015 14:00:43 #
UncleJesse wrote:
Exactly how would multi-billion profit industry endorse their end with single payer system or a public option?
Exactly.
Apr 19, 2015 15:18:13 #
What awful news...there's no way Obamacare should survive....
UncleJesse wrote:
Two major barometers of health industry profits, i... (show quote)
Apr 19, 2015 15:26:54 #
maryla wrote:
What awful news...there's no way Obamacare should survive....
:thumbup: :thumbup: :thumbup:
Apr 19, 2015 15:30:53 #
maryla wrote:
It won't. ZEROcare is inherently self destructive. Like cancer.What awful news...there's no way Obamacare should survive....
Apr 19, 2015 15:34:57 #
UncleJesse wrote:
Two major barometers of health industry profits, i... (show quote)
I always love it when uber conservatives celebrate events they don't even understand.
Apr 19, 2015 15:36:58 #
jelun wrote:
I always love it when uber conservatives celebrate events they don't even understand.
And, you brain dead socialists do! BWAHAHAHAHAHAHAHAHA!!!
Apr 20, 2015 13:08:42 #
Haughty Lib wrote:
Well, there's only one way to prevent that, and that's to switch to single payer. Even a public option might've at least put a thorn in their sides.
But right wingers didn't want that, so yes, now private insurance companies will be making even more money.
The end of any chance of repeal happened on March 23, 2010. Any beliefs after that date were just pathetic delusions.
But right wingers didn't want that, so yes, now private insurance companies will be making even more money.
The end of any chance of repeal happened on March 23, 2010. Any beliefs after that date were just pathetic delusions.
Guess what! Revenue is entirely different from profits. And single payer (full blown socialized medicine) rather than f*****t Obamacare that has displaced private insurance and medical care, as well as greatly inflated insurance premiums, would be even worse for everybody, people as well as insurance companits.
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