Tuesday, December 1, 2015

Joining Obamacare Marketplace

The UnitedHealthCare CEO says associating with the Affordable Care Act marketplace will cost them half a billion dollars in losses over two years.

3 comments:

Rev. Paul said...

It shouldn't surprise anyone. That's what the Progressives on Obama's team said they would do, 8 years ago: drive the insurance companies out of business.

R.K. Brumbelow said...

And yet they will join, because, in the long run they see it as the best/only option available to them. I wonder what years 3,4 and 5 project out to be and what that amount is of gross revenue.

Jake (formerly Riposte3) said...

Just as planned.

I said when it passed that if I had been in the insurance business I'd be getting out as fast as possible. Looks like I wasn't wrong.