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Five Things ACA Supporters Don't Want You To Know About UnitedHealth's Withdrawal From Obamacare
Forbes ^ | 4/20/16 | Michael F. Cannon

Posted on 04/20/2016 4:27:57 AM PDT by markomalley

UnitedHealth is withdrawing from most of the 34 ObamaCare Exchanges in which it currently sells, citing losses of $650 million in 2016. A recent Kaiser Family Foundation report indicates UnitedHealth’s departure will leave consumers on Oklahoma’s Exchange with only one choice of insurance carriers. Were UnitedHealth to exit all 34 states, the share of counties with only one or two carriers on the Exchange would rise from 36% to 52%, while the share of enrollees with only one or two carriers from which to choose would nearly double from 15% to 29%. 

The Obama administration dismissed the news as unimportant. A spokesman professed “full confidence, based on data, that the marketplaces will continue to thrive for years ahead.” Like what, two years? Another assured there is “absolutely not” any chance, whatsoever, that the Exchanges will collapse.

Obamacare hasn’t yet collapsed in a ball of flames. But UnitedHealth’s withdrawal from Obamacare’s Exchanges is more ominous than the administration wants you to know.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Government; US: Oklahoma
KEYWORDS: 0carenightmare; aca; obamacare; obamacarecollapse; obamacareimploding; unitedhealth
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To: Little Ray

Yep. I think the really sad thing is that a lot of us were naive to believe the GOP didn’t actually want Obamacare. Looking back now, how could we be so stupid? It involved the FedGov swallowing a huge part of private industry. Of course the GOP became complicit. More power.


21 posted on 04/20/2016 7:49:05 AM PDT by Kudsman
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To: markomalley; P-Marlowe; txhurl

When they get down to one insurance company remaining, then the government by proxy will have single payer. BUT, they’ll be able to call it ‘private’.

Think about it.


22 posted on 04/20/2016 8:03:55 AM PDT by xzins ( Free Republic Gives YOU a voice heard around the globe. Support the Freepathon!)
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To: kjam22

The 2nd Amendment is NOT a States’ Rights deal. It is the one amendment that is absolute. It does not say “Congress shall make no law...” It says “shall not be infringed” and does not specify who may not do the infringing. That means neither the States nor the Feds nor individuals are Constitutionally permitted to infringe the RtKaBA.


23 posted on 04/20/2016 9:07:51 AM PDT by arthurus (Het is waar. Tutti i liberali sono feccia.)
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To: arthurus

I’m 100% pro 2nd amendment. But technically.... California isn’t making owning a gun illegal. They’re saying you cant sell one in California.


24 posted on 04/20/2016 7:12:12 PM PDT by kjam22 (America need forgiveness from God..... even if Donald Trump doesn't)
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To: kjam22

That is most definitely “infringing” on the right to keep and bear arms. If no one is permitted to sell them to you then you are barred from keeping and bearing.


25 posted on 04/21/2016 4:01:43 AM PDT by arthurus (Het is waar. Tutti i liberali sono feccia.)
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