Quote:
Originally Posted by onwebcam
Umm it bankrupting your company is a great reason to leave it... There won't be any companies left next year. All of the current ones will take on such huge losses this year they will bail as well.
It was flawed from the start just like many predicted it would be but you libs wouldn't listen. "We'll read it after it's passed."
Fortunately it appears that Trump is listening to the only sensible person on the matter, Rand Paul. It looks like Paul may even be his repeal and replace go to guy.
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Do you ever fact check anything you say?
Every single one of the companies that left the exchange had profit INCREASES the year before they left!
Blue Cross, Aetna, United & Humana
Blue Cross: Months before the parent company of Blue Cross Blue Shield of Texas sought to raise rates and shed coverage plans for hundreds of thousands of customers across its divisions, the Chicago-based nonprofit was sitting on a $9.9 billion surplus.
Health Care Service Corp. also had
topped its previous year?s revenue by 22 percent, bringing it to $27.7 billion, and had given its CEO a $10 million bonus, according to its 2014 year-end financial statements and other documents.
Aetna: Aetna's net income rose nearly 8% to $603.9 million, or $1.70 per share, in the third quarter compared to $560.1 million, or $1.59 per share, in the third quarter of 2015, the company said.
United Healthcare: The company also increased its forecast for 2016 adjusted net earnings to about $8.00 per share, from $7.80-$7.95.
UnitedHealth's net earnings attributable to shareholders rose to $1.97 billion, or $2.03 per share, in the third quarter ended Sept. 30, from $1.60 billion or $1.65 per share, a year earlier.
Humana: Revenue rose 2 percent to $14.01 billion, topping the average estimate of $13.59 billion.