Bad News for Villages Health Care
I recently heard stories on two financial news sources that United Health Care, one of this country's largest health insurance companies, has reported the loss of "hundreds of millions" of dollars in its Medicare health insurance business. The dollar value of its stock has suffered a steep decline and the company is seriously considering withdrawing completely from involvement in Obama-care related Medicare health insurance after the year 2016.
Such an action would not bode well for The Villages Health Care System which just announced it will only accept new patients who are covered by United Health Care Medical Advantage Plans, which are Medicare HMO/PPO plans. Talk about being thrown under the bus!
Any comments on this situation?
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