The Obamacare secret at the heart of the shutdown: insurers made billions at taxpayer expense

Just the news ^ | 11/10/2025 | Steven Richards

[Pete Dovgan]

The 42-day federal shutdown forced by Democrats thrust the economics of Obamacare into the limelight, and exposed an uncomfortable truth: An insurance industry whose executives are increasingly liberal donors has seen its earnings soar with the injection of taxpayer-funded subsidies that propped up Barack Obama's signature health program from collapse.

The nation’s largest health insurance companies have seen good business since Obamacare was first passed in 2010 and fully implemented in 2014. This has come in no small part because of federal government subsidies to the insurance industry, which government estimates show totaled $1.8 trillion in 2023 alone.

Those subsidies were greatly expanded by the Biden administration during the COVID-19 pandemic as an emergency measure, but Democrats have fought to keep them permanent.

Obamacare brought health insurance companies historic profits A Just the News analysis of public financial records from four of the nation’s largest health insurance companies found that net earnings ballooned about 216% from 2010 to 2024. UnitedHealth Group in particular, which dominates the industry with a market share of around 15%, saw the largest explosion of profits. The other three companies, Elevance, Centene, and Cigna also experienced a marked growth in net earnings after the implementation of Obamacare.

The healthcare legislation was also a boon for these companies’ stock prices. One study found the weighted average of health insurance stock prices has grown 1,032% from 2010—when the law was passed—and 448% from 2013—the year the legislation’s key provisions were implemented.

This performance far outstripped the most popular S&P 500 exchange-traded fund, which grew 251% and 139%, respectively, the Paragon Health Institute reported last year. ETFs are designed to track the performance of specific stock indices and, as such, generally represent average market growth.….

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TOPICS: Astronomy
KEYWORDS: junksource; r

[Pete Dovgan]

I have been saying this for years. Obamacare was an insurance company bailout from day one. 15 years later, insurance up 330% locally, insurance company profits through the roof.

The federal government picks winners and losers when it interferes in industry. This time the winners were insurance companies and thier CEO’s, the losers were small business and the middle class.

[rdcbn1]

Obamacare is bankrupting our nation to the tune of a over a trillion dollars a year

[Steven Tyler]

Also, FJB paid full list for the jabs and boosters.
President Trump is striking deals to dramatically lower the retail price of drugs. That will lower the total cost of healthcare for Citizens

[SaveFerris]

(The Obamacare secret)

Here's another Obamacare Secret - hat tip to Frank Ballenger

[Marcelas Owens - The Obamacare Kid]

DELUSIONAL MADNESS...

(“The boy at the ACA signing ceremony was Marcelas Owens, WHO LATER CAME OUT AS A TRANSGENDER TEEN and began using the name Marcelas. After being known as the “Obamacare kid,” Marcelas has spoken about the challenges of being identified with a past identity and is now moving forward AS A TRANSGENDER TEEN WHO IDENTIFIES AS FEMALE.”)

Another one that got too close to Son of Satan Barack Hussein Obama?



[All pictures are posted for Educational Purposes
in accordance with Fair Use]

DO NO HARM, Americans
BUT Be SITUATIONALLY-AWARE
(For the thread)

DEMOCRAT BARACK HUSSEIN OBAMA
wants Gay Men CONSTANTLY
around LITTLE BOYS...😲😱🙀🤯🤯🤯

Now WHY IS THAT???

CHILD-GROOMING DEMOCRAT BARACK HUSSEIN OBAMA



Demand that Democrats STOP
🛑🚦🛑🚦🛑 GROOMING Children
for the LGBTQ+ HOMOSEXUAL AGENDA

[blitz128]

One of the biggest non-secret facts, the Obama care premiums were kept “low” because of massive taxpayer funds given to insurance companies, companies showing record profits.

Like all dim money laundering schemes, like PP, and NGOs. Tax payer monies are given to these organizations, a few get rich, these organizations give massively to dim politicians.

[quantim]

“This has come in no small part because of federal government subsidies to the insurance industry...

This would explain why the RINOs in the congress/senate did nothing the first two years of President Trump’s first term in 2016. Naw, no kickbacks, ever, never, absolutely none.

[rdcbn1]

The cost of ObamaCare subsidies is staggering and the true costs are well hidden from the American taxpayers

Just the expiration of the Covid era subsidies is pushing the premiums up a thousand plus dollars a month in some cases - with huge out of pocket deductibles

[ChessExpert]

The headline is inflammatory, but perhaps no surprise. Every time the government pursues an initiative and spends a massive amount of money, someone receives that money.

In an earlier era, it was the railroads. They received cash payments and land. I know of one company built on the bones of a defunct railroad that is doing very well with mineral, water and grazing rights from the land given to the railroad.

Apparently, insurers were provided a lot of money. I assume that much of that was passed through to the medical industry and benefitted patients. Givern government priorities, it probably funded abortions and transgender operations too. We get what we pay for.

[ChessExpert]

I recall reading that every “free” Covid shot cost $1,000.

[liberalh8ter]

I remember when jugears was out promoting the disaster that is appropriately named after him and he was touting that healthcare was 6% of the US economy. Last I saw, it’s now 18% of the U.S. economy. Government creates so many problems with which to enrich themselves and their friends.

[Salman]

It was a payoff to the insurance companies from day one, and lots of people recognized it as such. And never mind the rhetoric about socialized medicine on either side.

[fruser1]

What’s their profit margin?

A bit part of the problem w/commie care is the guaranteed issue. This puts the most expensive patients in the plans, hence, you would expect to see a dramatic increase in payouts.

So yes, they take in a lot more, they also pay out more.

[Recompennation]

More welfare at the expense of those pulling the wagon.
Check your zip code my ass.

[FreedomNotSafety]

At least the money ended up in the pockets of shareholders. Better that then seeing go to a bunch of NGOs and other Dem grifts such as Solyndra.

Trump has the idea. Send the money directly to the people to fund HSAs.

[blitz128]

And yet, by their own admissions, many health insurance companies are showing record profits.
So are the premium increases caused by loss of subsidies so to maintain record profits the companies are raising premiums??

Profit is necessary, Econ 101, record profits are not🤔

Is this a chicken/egg thing? Companies will raise premiums so as to create pressure to “do something “ IE fleece the taxpayers

Reminds of the college tuition scam, govt provides loans, “bastions of liberalism” raise and raise tuition, govt increases loans, colleges raise tuition, and we howl about cost of college(won’t even get into the scam that most college “degrees” are today)without addressing the elephant in the room.

[PGalt]

Great posts BUMP!

[dljordan]

How much gets kicked back?

[WhiteHatBobby0701]

How totalitarians want to push Communism.

[cnsmom]

If the minority communities run out grocery stores and pharmacies they’d run out health clinics and hospitals too. Abortion pill vending machines is all they need. What do minority communities want in their neighborhoods? Seriously just drug dealers and crack houses.

[Drago]

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“What’s their profit margin?”

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United Health Group averages about 4%-5% net profit margins...railroad company profits are about 5x that.

https://www.macrotrends.net/stocks/charts/UNH/unitedhealth-group/net-profit-margin

https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/margin.html