Aetna is the latest insurer to consider withdrawing from ACA (losses) (1 Viewer)

[JumpinJack]

Nestled within the health insurance giant’s second-quarter earnings report was the announcement that Aetna (AET) is not only shelving plans to expand its individual Affordable Care Act public exchange business in 2017, but is reevaluating its participation. That’s right. Aetna is the latest big insurer to project a loss on ACA plans for 2016. It was considering expanding into five new states in next year, adding to a 15-state footprint. But Aetna says the business lost roughly $200 million in the second quarter and expects a loss of more than $300 million for the full year.

Is Aetna Kicking Obamacare To The Curb? - Stocks to Watch - Barrons.com


The implosion continues.

 

[blaxshep]

Is Aetna Kicking Obamacare To The Curb? - Stocks to Watch - Barrons.com


The implosion continues.

Pretty much everything Obama has done is a failure.

 

[Fenton]

ObamaCare, what a friken disaster.

 

[Spartacus FPV]

If you think it was meant to succeed you're a fool. If you think you were going to keep your plan/doctor, you're... just so cute.

The whole point was to exacerbate the costs to the point that Universal Healthcare was inevitable. Single payer was ALWAYS the goal.

 

[solletica]

Pretty much everything Obama has done is a failure.

Clue: Obamacare was written by health insurance cos., not Obama or Congress.

Now they don't like their own law.

 

[Renae]

Clue: Obamacare was written by health insurance cos., not Obama or Congress.

Now they don't like their own law.

Never a Progressive fault, it's always some reason the great scheme fails that isn't "their fault"

Who LET them "write the law"? Obama and the Dem house and Senate. So.. you condemn them either way this goes, good job! LOL

 

[RAMOSS]

Is Aetna Kicking Obamacare To The Curb? - Stocks to Watch - Barrons.com


The implosion continues.

Apparently, the CEO is making good the threat he made when he told regulartors that if his merger is not approved, he would withdraw from the market place.

In other words, it is in a fit of anger over not getting his way.

 

[solletica]

Never a Progressive fault,

the US gov't--the POTUS and Congress, do not write laws. All laws on the books are written by private firms that sponsor various pols.

Obama asked for a pure gov't health insurance program (single payer), and instead the insurers wrote a law that would grant them an enforced monopoly, where all Americans would be forced to buy their plans.

 

[Renae]

the US gov't--the POTUS and Congress, do not write laws. All laws on the books are written by private firms that sponsor various pols.

Obama asked for a pure gov't health insurance program (single payer), and instead the insurers wrote a law that would grant them an enforced monopoly, where all Americans would be forced to buy their plans.

Tinfoil, I need to remember to invest in tinfoil...

 

[solletica]

Tinfoil, I need to remember to invest in tinfoil...

You already have it....

A Center for Public Integrity analysis of Senate lobbying disclosure forms shows that more than 1,750 companies and organizations hired about 4,525 lobbyists — eight for each member of Congress — to influence health reform bills in 2009.

https://www.publicintegrity.org/2010/02/24/2725/lobbyists-swarm-capitol-influence-health-reform

Does fauxnews provide tinfoil polish for its viewers :lol: ?