Aetna`s ObamaCare Shock [ WSJ Editorial 8.3.16]
 

" Expecting to lose $300 Million , the insurer may opt out ."

" Health insurers have been taking a financial beating for the ages on Obama-Care , but Aetna was always more bullish than the rest of the industry until now ".

" The entitlement`s keenest corporate patron announced Tuesday that it is cancelling it`s Obama-Care expansion plans for 2017 and may withdraw altogether " .

" Aetna posted fabulous second-quarter earnings , though the exception is itsAffordableCare Act line of business that the company expects will lose more than $300 million this year .

" Aetna runs Obama-care in 15 states and planned to join another 5 exchanges . But now it says that it " will undertake a complete evaluation of our current exchange footprint , as the poor performance of these products warrants such an analysis " as CEO
Mark Bertolini put it on an investor call ".

" Beyond Aetna most insurers including non-profit Blue Cross Blue Shield plans are hemorrhaging cash amid rising costs, disappointing enrollments and the failing Obama-Care co-ops. "

" UnitedHealth Group said in April all of its Affordable Care Act coverage . About the only companies above water are
Medicaid contractors accustomed to delivering a lower standard of medical care ".

" As long as command - and - control Liberals are in charge of U.S. Health Care , companies that put their trust in government can not serve their shareholders . "

" It`s a tragedy the health insurance lobby lied to itself and its shareholders about this reality when it supported ObamaCare in 2010 " .

Correction : Small error in above : United HealthCare Group announced in April that it would all its Affordable Care Act coverage ".

The entire article is not worth the paper and the ink to print it . Typical Right Wing misdirection .

Your facts to dispute it are?????

Where did those fabulous earnings come from?

Obviously not from ObamaCare.
Aetna just became the fifth big health insurer with Obamacare exchange issues - MarketWatch

Give it a break. Read it on the AP feed or Reuters. You libtards always have a reason NOT to stay current with the news. Probably why you are on here so that someone else will provide it.

They came from Aetna`s many other traditional lines of insurance products .

This is what happens when government tries to take over a complete industry and control it with regulation on top of regulation .

:agree:

Media is no longer applauding ObamaCare ----- it could all come apart on Hillary`s watch within the first 100 days of her Admin assuming she prevails . Then the entire mess will become her`s and not OB`ies .

So what ? She can easily blame it all on Congress -- they passed it .

Nothing to see here ---- move along !

Shades of big troubles coming early next year .

Isn't that the same Congress
that was controlled by the Democrats,
and Pelosi their leader then,
said it should be passed,
to then see what was in it!

The Buzzards are slowly beginning to gather and circle above ObamaCare .

We've all heard the saying that "Insanity is doing the
same thing over and over again and expecting different results"
Well, why should we think that our Federal Government
can run and manage a huge program
in a cost effective, efficient manner,
when it has historically never done so!

That is a common point, but it's too simple for many to accept.

More " stirrings " in todays major papers about huge pending problems with this system .

In Government nothing gets done until there is a crisis at the doorsteps .

Then the President calls a bunch of people into the " Situation Room " and they sit about the big table as photogs take a bunch of news photos . Next they slap some makeup on the crisis , blame the opposing party for causing the problem and declare the problem averted .

They CREATE the "crisis" and when they "solve it" a LOT of their friends are VERY wealthy.