United Health Care
United Health Care
#1United Health Care
Posted: 8/16/16 at 8:54am
UHC recently announced they were pulling out of the government exchange because they were losing so much money yet their stock is doing phenomenally. What am I missing?.
Mr Roxy
Broadway Legend Joined: 5/17/03
#2United Health Care
Posted: 8/16/16 at 9:43am
Their stock would not be doing well if they were continuing to take the losses they've been taking. The losses have been reduced by the bribes given them by the government to stay in.Those bribes come from Medicare which the POTUS has been gutting to prop it up. Over $750 billion has been taken from Medicare to prop it up.It us not the only insurance company pulling out. Obama care is a giant ponzi scheme. My wife paid thru the nose for it until she qualified for Medicare . She did not qualify for subsidies while others - guess who- got government handouts. So much for fairness.
Poster Emeritus
#3United Health Care
Posted: 8/16/16 at 10:07am
"Bribes"? "Ponzi schemes"? Oy gevalt, who feeds you such ferkakteh malarkey?
Mr Roxy
Broadway Legend Joined: 5/17/03
#4United Health Care
Posted: 8/16/16 at 4:17pm
For the record, Aetna is basically abandoning ACA for the very same reason.
Poster Emeritus
#5United Health Care
Posted: 8/16/16 at 4:18pm
Poor Hilary will be stuck with this mess for years to come.
When They Go Low, I Go High
#6United Health Care
Posted: 8/16/16 at 4:36pm
Mr Roxy said: "She did not qualify for subsidies while others - guess who- got government handouts. ."
Don't be coy, Roxy. Who?
"...everyone finally shut up, and the audience could enjoy the beginning of the Anatevka Pogram in peace."
#7United Health Care
Posted: 8/16/16 at 5:38pm
yup...inquiring minds wanna know...who got the subsidies, Roxy?
#FactsMatter...your feelings not so much.
#9United Health Care
Posted: 8/16/16 at 11:26pm
The Exchange was a Godsend for the poor and low income individuals and families. I cannot speak to the middle and upper class. I do know that before the Exchange I was paying about 1000 a month (NYC) for an HMO which was a third of my income before taxes. So I cannnot imagine that individual plans are more than that on the Exchange.
#10United Health Care
Posted: 8/17/16 at 9:40am
Mr Roxy said: "For the record, Aetna is basically abandoning ACA for the very same reason."
Looks like Aetna's reason may be following through on a threat to leave the ACA if the federal government challenged their merger.
http://www.wsj.com/articles/aetna-warned-it-would-withdraw-from-exchanges-if-humana-deal-was-blocked-1471436663
"It does me no injury for my neighbour to say there are 20 gods or no god. It neither picks my pocket, nor breaks my leg."
-- Thomas Jefferson
Liza's Headband
Broadway Legend Joined: 5/28/13
#11United Health Care
Posted: 8/17/16 at 10:48am
So you're suggesting their $400 million plus in losses last year had NOTHING to do with the decision?
#12United Health Care
Posted: 8/17/16 at 2:00pm
Liza's Headband said: "So you're suggesting their $400 million plus in losses last year had NOTHING to do with the decision?
It absolutely played a part in their decision, the other part being what was revealed in madbrian's linked article.
#13United Health Care
Posted: 8/17/16 at 2:02pm
I also want to know exactly who got the subsidies Roxy mentioned.
sabrelady
Broadway Legend Joined: 5/16/03
#14United Health Care
Posted: 8/18/16 at 6:43pm
Aetna wants a merger w Humana. This is their way of putting a gun to Obamacare's head. In spite of anti trust laws.
#15United Health Care
Posted: 8/19/16 at 3:59am
Kad said: "Mr Roxy said: "She did not qualify for subsidies while others - guess who- got government handouts. ."
Don't be coy, Roxy. Who?
I think Mr. Roxy was talking about the poor and lower middle class. Mrs. Roxy would make more than 45,000 a year to not qualify for a stipend for insurance on the exchange although come tax time she could claim her medical expenses and insurance premiums. This is under the assumption that she had purchased an individual plan through the Exchange and is not carrying a plan through work. I am assuming that Mr. Roxy is not on her plan and he carries his own given his comments.
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