Insurance companies do not lose money, at least not for long. Their customers get their premiums raised, that’s all.
Obamacare is effectively a very expensive and very inefficient tax.
“Obamacare is effectively a very expensive and very inefficient tax.”
Just what Justice John Roberts said it was when he “approved of that message.”
Also, the hospitals are ignoring the dreamers who pay nothing and going hard after the ones who can pay because they have property. My local hospital in Virginia billed me $1,500 for... some mysterious procedure known only by its code that I never had done (haven’t been to the hospital in 20 years). I questioned the billing office and not only were they unable to tell what they claim to have provided, they promised to get back to me and instead immediately sent it to a collection agency. Now the billing office won’t talk to me because it has been sent to an outside agency and the the collectors don’t have the info and have no desire to retrieve it. I just take their names and company info and tell them we will all get together when they take me to court. So far they just send letters and call.
Insurance companies do not lose money, at least not for long. Their customers get their premiums raised, that’s all.
...
Yep. The article says Blue Cross has already raised rates and Obama is going to throw them some of the taxpayers stolen money to kick his pile of crap down the road another year.