This year's open enrollment period will be interesting. Do you want to sign up for a plan in which you really don't know what is happening to the doctors in the plan?

It would be nice if they had an open forum to explain what is going on and to reassure patients that TVH will be there in 2026. But I doubt they will start being open and transparent now.

And some are not Hugh UHC fans either.

More useless undefined terms. File bankruptcy and move on. It happens thousands of times a day

Your reply makes no sense at all.

Excuse me, add the words "privately held corporations"

I'm referring to privately held corporations that file and end up coming out smelling like a rose while all of their creditors suffer.

Still silly. What you are suggesting then is an uneven playing field between corporations traded on public stock exchanges vs those not traded on those exchanges. Mega corporations don't need any additional advantages.

There are no owners of a corporation. A corporation is a separate and distinct taxable entity. That is why people form a corporation in the first place. If you eliminate the corporate veil, no one would ever form a corporation.

Still ridiculous. Under those terms, all venture capitalism would come to a grinding halt---no new factories, no new construction, no new ideas---just unlimited liability for anyone still willing to invest.

Most privately held corporations are small businesses (less the 500 employees). There are some exceptions, Mars, Publix, and Cargill come to mind, but most are small. Often times the personal assets of the owners in those small companies are pledged against corporate debt.

In the case of Villages Health, its not even a corporation it an LLC. Now if you want to talk LLCs I think there is a argument to be made concerning assets of owners. There the owners are getting the benefit of liability protection, but without incurring the cost of double taxation, and with lower cost of administration. That seems like too good a deal.

Of course they would as there are tax advantages in having a corporation.

Yeah, everyone knows what profit is on the ledger. Money leftover after the basic, Medicare/Insurance earned income has been applied to pay expenses, including salaries. Any profit snagged over the actual costs and payments would be utilized in other capacities. That door labeled profit would be determined in a hurry with a decent audit and total review of how money was spent after the basic cost of doing business was determined.

So, do we all start looking for new doctors?

To make matters worse United Healthcare has filed an objections over the sale. They feel their contracture obligation should have put them first on the list to buy..plus they believe they are the largest creditor.

So yes it is time to look for alternative health care

I’m not very bright but I could not navigate the medicare/insurance business with all the constant changes every year. I’m surprised there are not more instances like the VHC all over the country.