Posted on 01/23/2014 9:54:29 AM PST by Nachum
Moody’s Investor Service has changed its outlook for the U.S. health care insurance sector from stable to negative, citing Obamacare’s rollout and the uncertainty it brings.
The private credit rating agency said potential fallout from the Affordable Care Act’s implementation — including changes to the individual market and the impact of the law’s “employer mandate” on commercial group plans in January 2015 — presents the greatest challenge to health insurers’ credit profile. Lower reimbursement rates among Medicare Advantage plans also are creating financial pressure, it said.
(Excerpt) Read more at washingtontimes.com ...
The list, Ping
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He’s got to be loving it! All part of his plan to take over more of our economy.
Will Obama have his new Fed Chief threaten them with a Billion Dollar fine?
Moody’s had better watch their back. Expect knocks on the door from the IRS, the Labor Department, the Justice Department, and probably the Muslim Brotherhood.
No. This is all part of the Socialist master plan. The insurers collapse and the Dems/Socialists then push for universal, government healthcare. One more step to government controling the means of production.
Moody’s will be charged with criminal wrong-doing by Holder’s DOJ...3...2...1...
Everything the choomer touches gets downgraded.
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