Since when is it the insurance Co.’s to refuse to do business because a minority of the population dislikes what the democratically elected govt. has mandated. The insurance Co.’s merely are following the laws and regs as they are written to try to keep a viable business. Try your class warfare elsewhere.
“The insurance Co.’s merely are following the laws and regs as they are written to try to keep a viable business.”
Uh, the insurance companies made sure the laws and regs were written to their benefit ...
“The insurance Co.’s merely are ....”
making a lot of money due to their obamacare sellout.
http://canadafreepress.com/index.php/article/58320
I'm not sure that was warranted. If you recall, the insurance companies originally fought against Obamacare. They argued that the business model wouldn't work under Obamacare. Several changes were made to appease the insurance companies. The democrats argued to the insurance companies that they wouldn't be hurt because they would get so much more revenue since EVERYBODY HAD to purchase the minimum plans. Dems convinced the insurance companies that as long as they were part of the exchanges, the pool of customers would be much larger.
As I understand it, the insurance companies were woo'd by the prospect of having higher premium revenues to offset the multitude of losses. It hasn't panned out however. Only those that NEED insurance will be seeking this entitlement. Those are the high risk folks that will be subsidized by the government. Indeed, the biggest insurance companies did help with the final designs of Obamacare. They struck a deal with the devil and most are now regretting it. The rest are hoping for the best. They are all now committed. The rates are high because the promises were bogus and haven't panned out. They now either have to make money or go out of business. The latter was more closely aligned with what Obama hoped.
ObamaCare is a tax that was not passed in a democratic way. EVERY Republican voted against it so the democrat scumbags changed the rules to get it passed. The majority of Americans opposed this tax and healthcare takeover.