Assurant Health to close; 1,200 Milwaukee jobs lost

Milwaukee Business Journal ^ | Jun 10, 2015 | Rich Kirchen

[Responsibility2nd]

If you like your Assurant Health Care... blah, blah, blah.

Another FUBOCare casualty.

[centurion316]

Assurant failed to contribute to Obama and the Democrats. That’s how Fascism works, you have to support the government that’s in power and then the government ensures that your business becomes successful (See Tesla).

[Diana in Wisconsin]

AFTR: I think you’ve posted on this situation before?

[AEMILIUS PAULUS]

I guess economic theory would predict that marginal companies will leave the market place first.

[Dr. Bogus Pachysandra]

“Assurant Health has been losing money the past two years, and Assurant Inc. executives cited the challenges of running Assurant’s health-insurance business under the Affordable Care Act. “

[Diana in Wisconsin]

“Assurant Inc. said it will exit the health-insurance market over the next 18 months.”

Wow. That’s quick!

[Secret Agent Man]

Assurant is only doing this racist maneuver to make Obama look bad. /s

[Diana in Wisconsin]

And, Hey! No worries! PLENTY of well *COUGH* paying jobs for these 1,200 peeps at the new ‘Whatever Center’ for the Milwaukee Bucks! “Beer Here! Get ‘Chure Cold Beer Here!”

Kinda mean - but it is what it is.

Man, I miss The Old Days, more and more. And I REALLY miss Milwaukee before the Socialists started draining the lifeblood out of Her!

[builder]

Bush's fault that he forced through the Affordable Care Act.

[GeronL]

How old is this company?

I remember some left-wing hacks created insurance companies to take advantage of ObamaCare subsidies, some of those have already folded.

[tcrlaf]

HOPE!!!
CHANGE!!!
...or somesuch

[Blueflag]

Assurant Health was a client of mine back in my consulting days.

The event horizon for them was in sight 7 years ago. The execs could not articulate their raison d’etre, just the numbers. Obamacare did accelerate the decline.

[outofsalt]

RIGHT ACCORDING TO PLAN!
Next step, single payer government run healthcare.

[hal ogen]

Thanks LIBs/DIMs and all who voted for these malignancies.

[SaveFerris]

And the “5.5% unemployment” is a cruel joke to these people as they try to find new work.

[Nachum]

The list, Ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/

[Jane Long]

We’ve had Assurant Dental, for years. Long before 0KenyanCare was forced upon the nation.

[GeronL]

Which makes this a worst thing I guess.

[who_would_fardels_bear]

I'm sure they payed some branding company a pretty penny for the name 'Assurant'.

Too bad branding isn't enough to guarantee financial success.