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.
Originally Posted by flghtr65
You are the epitome of those Grubered over Obamacare. No one can educate you because all you do is repeat the lies that Gruber told all the politicians to tell the stupid Americans.
And Assurant? Seriously? Their main business isn't, and has never been health insurance. But the fact is most health insurance companies are making people wealthy every day. UHC is the biggest, and the most embedded with the Obama admin, so it is the obvious choice to do extremely well. But Aetna and many others have five fold + increases. Just do some research, find out who is meeting at the whitehouse and the administration, it is not hard. You can either invest and double your money every year or so, or not. I personally don't care.
Ohh, and...
"This is good bill for the middle class and poor people, all the billions of dollars being made by the insurance companies and their investors come from the blood, sweat and tears of the 1%'ers."
Jonathan Gruber
HAHA