Posted on 08/11/2017 11:42:33 PM PDT by Altura Ct.
““Today, planning and pricing for ACA-compliant health plans has become increasingly difficult due to a shrinking and deteriorating Individual market, as well as continual changes and uncertainty in federal operations, rules and guidance, including cost sharing reduction subsidies and the restoration of taxes on fully insured coverage,” “
Wait a minute. Shrinking deteriorating individual market? How can it be shrinking when people are forced to buy insurance? Are they really suggesting that people are paying the fine instead of buying insurance? And what is this about cost sharing subsidies? Trump hasn’t done anything about that so if this is true it had to happen under Obama.
Maybe what needs to happen is Trump brings all the insurance company CEO’s to Washington, find out what is really going on and then put together a plan to stop the madness.
Another one bites the dust.
Good. As poster above said let it burn
Anthem is leaving the system, citing overwhelming costs and unstable markets.
All thank you cards must be sent to the democrat party only.
Obama is not around to fill their back pockets with cash anymore
They almost got what they wanted (millions of involuntary customers paying top dollar for insurance they couldn’t even use because the deductibles and co-pays would bankrupt them); they thought it would work because they had the might of the IRS behind them.
Of course the government is the problem; it used the IRS to force millions of Americans to pay a new tax to health insurance companies.
Record profits? Apparently you didn’t major in business. If these companies are getting record profits, they wouldn’t be dropping out and no longer offering policies.
Who wants to bet me that our GOP Congress will vote for a single payer plan as soon as Obama care fails?
Washington and Scott Counties are red counties.
Take that Terry McAwful, Bop, splat, whack!!
https://www.nytimes.com/2017/03/18/business/health-insurers-profit.html
http://money.cnn.com/2017/06/15/news/economy/health-insurers-profits-obamacare/index.html
https://www.axios.com/profits-are-booming-at-health-insurance-companies-2418194773.html
Explain to me why an insurance company that could make millions by staying in a given market would chose to withdraw, thereby losing profits, having stock prices drop, and having to fire employees - all on purpose?
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