Speaking of five years later, I hope everyone took my advice a few years ago and put all their money in UHC or other insurance companies. At that time I had already tripled my wealth in just a few years, and now it is just astronomically, mind blowing insane how much money is to be made off this law..
Obamacare is a license to steal for the insurance companies. With the $6500 deductible there is absolutely no payout for most of the people that are forced to give them their money for bloated policies, and they are covered under the golden hallway if they get a lot of unhealthy people. And there is no competition or anything that limits them on raising the price every year. And another and, haha, and a lot of the insurance companies are able to fire coders because there are less claims to process. They cannot lose!
UHC
July 2, 2010 - $28.30
June 26, 2015 - $123.25
Do you need a fucking calculator? I hope not
Be smart, the libs are doing all the work for you selling this to the middle class, suck them dry while it lasts!
Originally Posted by nwarounder
Not every health insurance company that is selling health insurance on the government exchanges made a profit. Did you read post #1. Assurant lost money selling health insurance on the exchanges. From post #1.
Assurant is based in Wisconsin, but insurers all across the country are attempting to survive the same perverse incentives that finally undid that venerable company. The Journal lists proposed increases by companies offering plans through exchanges in Connecticut, Indiana, Maryland, Michigan, New Mexico, Oregon, Tennessee, Vermont, Virginia, and Washington state. And many of these companies are already losing huge amounts of money: “BlueCross BlueShield of Tennessee… lost $141 million from exchange-sold plans, stemming largely from a small number of sick enrollees.” It is asking for a 36.3 percent rate increase.