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Because major health insurance companies just found out they would not recieve as much government funding via the Affordable Care Act as initially thought, so come January, premiums will likely rise again and coverage will be slimmer.
originally posted by: GBP/JPY
The market.....yessir.....you are right.....T-bills went upside down a week ago or so.....that'snever ever happened before ever never....it also means there is no trust in government finances.....
I'm not a betting man , but I think the big healthcare companies are going to be fine. Us taxpayers not so much.
“We cannot sustain these losses,” Chief Executive Officer Stephen Hemsley told analysts on a conference call. “We can’t really subsidize a marketplace that doesn’t appear at the moment to be sustaining itself.”
UnitedHealth May Quit Obamacare in Blow to Health Law
originally posted by: BigBossWorm
I've been notified by my insurance company, Health Republic, that my policy ends Nov 30th because the federal government has witheld almost 90% of money it promised them and wont pay them. Now they have to go out of business. There's also an article about it in a recent ny times i believe, thats where i read about it online.
And whats even crazier is that doctors in my local area are up in arms about this because they fear they are not getting any money paid for recent claims by patients who have Health Republic, and some of these doctors fear they may have to close down.
might want to rethink that, United is thinking about pulling out of obamacare.
originally posted by: zardust
a reply to: BELIEVERpriest
Are you going to publicly denounce yourself as a false prophet like we discussed?
I mean no harm. I'm not saying I told you so to rub it in your face. But to ask you again to reconsider your beliefs. You are quite passionate which is great, but much of your theology is bankrupt.
Come in to the light. For in him there is no darkness ( death destruction vengeance retribution). Only good and perfect gifts from father of light.