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Posted on 11/11/2025 3:52:28 AM PST by 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.….
(Excerpt) Read more at justthenews.com ...
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For health care, bring on market force:
1. Break most hospitals into two highly competitive entities
2. Convert other hospitals into real estate leasing entities with competing surgical suites and nursing wings
3. Separate out drug coverage so hospital systems can run care coverage systems and cut out insurance company overhead and meddlers.
4. Create interstate drug plans that don’t have to cover every drug....Group and exchange plans to offer vouchers at plan set amounts for out-of-formulary drugs.
and....
Provide a National Formulary of American manufactured drugs for standard problems (hypertension, antibiotics, cholesterol, diabetes, anticoagulation, ect.) that are they get with a standard deductible monthly, that is small.
Kid: "I trusted him when he took me in to see his collection of stamps. All unperforated."
Nod to the Limeliters song "Have Some Madeira, M'dear."
THE CHANNELS & STATIONS ARE SATURATED WITH ADS FOR THIS INSURANCE COMPANY -—OR THAT ONE. 6-9 PER HOUR.
THE MASSIVE COSTS OF SUCH ARE PAID FOR BY YOUR MONTHLY PREMIUMS.
YOU ARE NOT DISCUSSING THE MASSIVE—RELENTLESS SATURATION OF ADS SOMETIMES 6-9 AN HOUR ON TV.
The ads I see on TV are “Medicare (dis)Advantage” related and the ads (spokesman Joe Namath, etc.), are paid for by insurance broker referral agencies (phone banks) and insurance brokers themselves. The reason they are so prevalent is that the annual commission on selling an “advantage plan” is double or triple that of a supplement (”Plan G”, etc.) plan (~$600-$700. per year vs $300). The health insurance company pays out the same commission to your local home town insurance agent or an agent from a mega scammy agency advertising on TV (including AARP).
Obamacare was written by and for the benefit of the insurance companies.
Now that kid is all messed-up after
hanging around those Godless Reprobates
Bookmark
I have over $25,000 in an HSA.
To above 😲😲😱😱🙀🙀😧😧🤯🤯
...as Harry Reid, Steny Hoyer and Dickie Durbin look on, imagining the smells and sensations Joe was enjoying.
Exactly
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