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!