The insurance companies sold out to obamacare. They are more than happy that the government requires old people pay for coverage not needed.
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.
Bingo! You notice that during the healthcare debates a few years ago you heard nary a peep from the insurance companies.
If they didn't want O'care they would have run countless ads and such against it.
Instead, we're required by law to buy their product. They have monopolies at the exchanges. Sure, they have to insure people with prior problems but they're raising premiums to deal with that.
I'd think the health insurance companies have a big problem. For starters, they've invested lots of time and money setting up websites and everything else associated with these new insurance policies. They'll take the hit, at least until rates can be adjusted, if only really sick people sign up. What happens when those who do sign up can't make their monthly bill or their deductible? They've lost the stable profitable market they used to have selling catastrophic policies to people who mostly wouldn't get a horrible disease they've insured for. And I'm wondering how it's going to go with people sneaking other people's kids on their policies etc
Maybe that's why the disgusting traitor saboteur RINOs in the US Senate kicked us in the teeth. The insurance companies just might be telling them they're in too deep now to not get some profits off of it.
Just my thinking out loud....