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To: Pontiac

That’s funny; I read it as saying all the business practices they can implement this year, including higher rates and deductibles, are not expected to keep them from losing megabucks and likely to drop out altogether next year. I thought the tone regarding insurance companies was rather neutral, considering they , or so it has been reported, signed on with Obama to push the legislation through.


12 posted on 02/06/2016 6:19:59 AM PST by gusopol3
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To: gusopol3

IIRC, insurance companies were big supporters of ObamaCare because they thought they would bring in millions of involuntary customers through whom they could make money (as companies are designed to operate); what they apparently didn’t anticipate was just how unprofitable these new customers would be. While some people are opting out, others (with pre-existing conditions or at high risk) are more than happy to have their bills paid by “someone else”...


14 posted on 02/06/2016 6:24:54 AM PST by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: gusopol3
I thought the tone regarding insurance companies was rather neutral, considering they, or so it has been reported, signed on with Obama to push the legislation through..

Well neutral in a way or schizophrenic (of two minds).

I see it as the insurance companies are invited by the Democrats help write this thing and get it through or we write it and get it through without you.

One way you can influence the outcome the other you don't which way would you choose. Considering the makeup of congress and the executive at that time they didn't have much of a choice.

Of course there was AARP who was a true believer and one of the few that seems to be quite happy with the outcome.

20 posted on 02/06/2016 6:40:28 AM PST by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
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