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ACA growing pains: Losses for Blue Cross Blue Shield of Texas are over twice the U.S. average
Dallas Morning News ^ | 12/08/2015 | Mitchell Schnurman

Posted on 12/08/2015 11:14:05 AM PST by DFG

Even Obamacare losses are bigger in Texas. So who’s to blame — Washington or ourselves?

About 10 million Americans, including 1 million in Texas, get health insurance through the exchanges created by the Affordable Care Act. Those customers, along with the expansion of Medicaid in most states, added $86 billion in annual revenue for insurers nationwide.

Unfortunately for them, most of the business has been a money-loser. And Texas’ largest insurer, Blue Cross Blue Shield of Texas, has been hit hard — over twice as hard, in fact.

(Excerpt) Read more at bizbeatblog.dallasnews.com ...


TOPICS: News/Current Events; US: Texas
KEYWORDS: aca; bcbs; texasa

1 posted on 12/08/2015 11:14:05 AM PST by DFG
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To: DFG

Texas government jobs are mainly BCBS.


2 posted on 12/08/2015 11:14:50 AM PST by Resolute Conservative
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To: DFG
So who's to blame - Washington or ourselves?

Ourselves??? He's really asking if the people are to blame? I guess in one sense, he's right. If the people didn't vote in Obama and the Democrats and didn't give in to the temptation to want something for nothing, we wouldn't have Obamacare.

3 posted on 12/08/2015 11:17:13 AM PST by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: DFG

I worked for them, the call center where i worked was moving alot of texas people to other projects and ended up having to lay off a bunch of people.


4 posted on 12/08/2015 11:19:23 AM PST by chae (The Lannisters send their regards--Game of Thrones)
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To: DFG

Texas has no State exchanges nor did we expand Medicaid.

Blue Cross jumped right into the obamacrap all by themselves. Unfortunately, that is the insurance my employer has. My doctor wont take it, so I pay cash.


5 posted on 12/08/2015 11:19:51 AM PST by KittenClaws ( Normalcy Bias. Do you have it?)
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To: DFG

THe funny thing is that in the orientation video they showed on my first day, the CEO of the company was touting how she had closely worked with Obama on ACA.


6 posted on 12/08/2015 11:21:14 AM PST by chae (The Lannisters send their regards--Game of Thrones)
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To: Resolute Conservative

And Texas is just short of California in the number of illegal alien Mexicans in its border. All getting registered by democrats to vote, to get health care, to get inside schools.


7 posted on 12/08/2015 11:34:22 AM PST by Robert A Cook PE (I can only donate monthly, but socialists' ABBCNNBCBS continue to lie every day!)
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To: KittenClaws
Blue Cross jumped right into the obamacrap all by themselves.

I'll have to disagree with you here. I worked at BCBSTX for years during the ACA crap when it was just a bill. I sat in on meetings with the executive board and the medical board. They fought against the ACA with all they had. None of them wanted it . . . doctors, HCSC (parent company) president, Texas division president, Illinois division president . . . none of them. This is all on Obama and the Dems that pushed it through without even reading the darn thing.

8 posted on 12/08/2015 11:42:50 AM PST by al_c (Obama's standing in the world has fallen so much that Kenya now claims he was born in America.)
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To: chae
the CEO of the company was touting how she had closely worked with Obama on ACA.

For real??!!! She actually said that? I remember when they sent groups to DC to fight it.

9 posted on 12/08/2015 11:44:28 AM PST by al_c (Obama's standing in the world has fallen so much that Kenya now claims he was born in America.)
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To: al_c

yes Pat Hemingway-Hall touted that as one of her major accomplishments as the head of HCS. There was even a photo-op type thing that showed her sitting right next to him going over some papers.
When the supreme court decision came down they yanked us all off the phones and gave us a scripted responses to questions. I was working the Texas small group insurance at the time, and then a couple months after the decision, we got told that the majority of us were going to be transferred to medicare supplement, Illinois small groups or Under 65.


10 posted on 12/08/2015 12:14:42 PM PST by chae (The Lannisters send their regards--Game of Thrones)
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To: chae

I guess I shouldn’t be surprised . . . Pat had a knack for trying to paint everything rosy. Probably didn’t want to admit defeat.

What call center did you work at?


11 posted on 12/08/2015 1:24:47 PM PST by al_c (Obama's standing in the world has fallen so much that Kenya now claims he was born in America.)
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To: al_c

The one in Quincy, IL.


12 posted on 12/08/2015 1:56:45 PM PST by chae (The Lannisters send their regards--Game of Thrones)
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To: chae

If I remember right, that was one of the big ones. That, and Marshall, TX.


13 posted on 12/09/2015 6:23:08 AM PST by al_c (Obama's standing in the world has fallen so much that Kenya now claims he was born in America.)
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