Aetna CEO: Obamacare 'cannot be repealed, period'

Group health insurance is quite profitable. The insurance risk pools are balanced for that market. Originally Posted by flghtr65

"Group health" is "profitable," because employers provided at least part of the premiums, which were drawn from a fixed source (pay checks), and there is not cancellation risks of individual coverage, and the premium based is relatively fixed with the "accounting" work done for the carrier ... and the low risks are lumped in with the high risks .... which ALL HAD pre-existing condition coverage...and the young insureds were offsetting the older higher risk patients.

It doesn't have a damn thing to do with the carrier "balancing" or "manipulating" the "pool" or the coverage. They can slightly increase the premiums across the board from many sources without losing much business, if any at all. That's how ObaminableCare failed.

It doesn't have a damn thing to do with the carrier "balancing" or "manipulating" the "pool" or the coverage. Originally Posted by LexusLover

I did not write that the carrier "balanced or manipulated" the risk pool. A risk pool of 50,000 employees is going to be balanced (most of the employee's working for company ABC are healthy and low risk). In the individual market you have many high risk applicants, the same people who were denied the opportunity to purchase health insurance prior to the ACA law being passed because they had a pre-existing condition or were "already" sick. With group health insurance, the insurance provider enjoys a balanced risk pool without doing any manipulation. With Group health insurance premiums collected will exceed claims paid out. More healthy people in the risk pool, especially the larger the company.

"Group health" is "profitable," because employers provided at least part of the premiums, which were drawn from a fixed source (pay checks), and there is not cancellation risks of individual coverage, and the premium based is relatively fixed with the "accounting" work done for the carrier ... and the low risks are lumped in with the high risks .... which ALL HAD pre-existing condition coverage...and the young insureds were offsetting the older higher risk patients.

It doesn't have a damn thing to do with the carrier "balancing" or "manipulating" the "pool" or the coverage. They can slightly increase the premiums across the board from many sources without losing much business, if any at all. That's how ObaminableCare failed. Originally Posted by LexusLover

just another one of your MAMA TRASH trying to cover-up so sell plane to south america ... pete/rpaul/luke skywalker con wo/man job

The only reason Aetna would agree to abolish ObamaCare would be if they ran out of warehouses in which to keep all money they are making.

The only reason Aetna would agree to abolish ObamaCare would be if they ran out of warehouses in which to keep all money they are making. Originally Posted by Jackie S

you mean banks that are too big to fail.....

The only reason Aetna would agree to abolish ObamaCare would be if they ran out of warehouses in which to keep all money they are making. Originally Posted by Jackie S

Aetna doesn't need to "agree" to "abolishing" ObaminableCare ... whether it agrees or not is irrelevant. ObaminableCare is evaporating almost daily as carriers remove themselves from the "pool" of health insurance providers who desire to participate in the bankrupting regulations.

The only remarkable thing about the Aetna "news" is how much money the CEO raked in while Aetna was involved in the health care business with government support.

And that not news either LLephantMan.

And that not news either LLephantMan. Originally Posted by Yssup Rider

It may or may not be news but its certainly pertinent considering the his statement. That factoid should have been placed near the end of the story.

I did not write that the carrier "balanced or manipulated" the risk pool. Originally Posted by flghtr65

The CEO did what to earn $40 million? Watch the clock?

I used to have Aetna. I'm familiar from that time period "how they paid claims" and that was before they were supplemented by the Government.

When the swamp gets drained the "bodies" will be exposed.

That's the reason for the fake news, "trumped" up collusion bullshit, and "investigations" of thin air. To create confusion. Keep them busy so the don't peel the onion.

A bank examiner told me a long time ago the sign of embezzlement was confusion in the paperwork. Which by the way is why there is a mandatory vacation for the "money handlers" of two weeks, because that was about how long it took for the "paperwork" to "surface" for reconciliation ... today it doesn't take so long.

When the swamp gets drained the "bodies" will be exposed.

That's the reason for the fake news, "trumped" up collusion bullshit, and "investigations" of thin air. To create confusion. Keep them busy so the don't peel the onion.

A bank examiner told me a long time ago the sign of embezzlement was confusion in the paperwork. Which by the way is why there is a mandatory vacation for the "money handlers" of two weeks, because that was about how long it took for the "paperwork" to "surface" for reconciliation ... today it doesn't take so long. Originally Posted by LexusLover

how long is it now?

. ObaminableCare is evaporating almost daily as carriers remove themselves from the "pool" of health insurance providers who desire to participate in the bankrupting regulations.

. Originally Posted by LexusLover

If the military stopped paying for weapons. ...or soldiers salaries , my guess is our military might evaporate away.

how long is it now? Originally Posted by dilbert firestorm

Trump drained the swamp of alligators and replaced them with crocodile!

More insurance company collusion!

Aetna doesn't need to "agree" to "abolishing" ObaminableCare . Originally Posted by LexusLover

Plus since when has the govt EVER NEEDED a company to agree to a law, before its passed??