UnitedHealth Group to Exit Obamacare Exchanges in All but a ‘Handful’ of States
HOW’S THAT OBAMACARE HOPEY, CHANGEY STUFF WORKING OUT FOR YA AMERICA?
UnitedHealth Group plans to withdraw from many Obamacare exchanges leaving them only in a handful of states. Due to tremendous loses UnitedHealth plans to withdraw from health insurance marketplaces in Arkansas, Michigan, Connecticut and parts of Georgia. They are expected to lose $650 million in the exchanges in 2016 and due to these deep loses may leave the Obamacare exchanges altogether in 2017. We warned you from the outset of this fool-hearty, government take over of healthcare that Obamacare was a lie and affordable. The fact that Obamacare is really called the Affordable Health Care Act may just be one of the greatest lies and hoaxes every perpetrated on the American People. Recently insurance carriers warned that Obamacare was unsustainable.
As the Right Wing News opines, “If only someone had predicted this …”.
UnitedHealth Group, the nation’s largest health insurer, said Tuesday that in 2017 it will exit most of the 34 states where it offers plans on the Affordable Care Act insurance exchanges.
“We will be down to a handful of states that we will be actively participating in the exchanges,” Stephen J. Hemsley, chief executive officer of UnitedHealth Group said in an earnings call, noting that the small market size and greater expense of patients insured through the marketplaces led the insurer to make the decision.
UnitedHealth plans to withdraw from health insurance marketplaces in Arkansas, Michigan, Connecticut and parts of Georgia. The decision is a sequel to an announcement by executives late last year that the insurer had suffered financial losses and might leave the health exchanges altogether in 2017. UnitedHealth reported that it expects to lose $650 million in the exchanges in 2016.
Prior to the call, the Obama Administration attempted to downplay any departures from UnitedHealth.
Posted April 20, 2016 by Scared Monkeys Barack Obama, Business, Divider in Chief, Epic Fail, Healthcare, Imperial President, Misleader, Obamacare, Obamamessiah, Obamascare, Obamatax, Socialized Medicine, The Lying King, You Can Keep Your Insurance | no comments |
Health Insurance Companies Warn Losses from ObamaCare are Unsustainable
WE WARNED YOU … ObamaCare is Unsustainable.
Gee, what a shock that insurance companies are hemorrhaging money from the Obamacare plans. As Hot Air opines. either they need to get approval from state regulators for another round of large premium increases, or they may bail out altogether. Don’t the insurance carriers get it, Obamacare was never supposed to work. It was supposed to damage insurance companies to pave the way for what Obama really wanted, a single payer system controlled by the government.
This Liar wanted Single Payer all along
Health insurance companies are amplifying their warnings about the financial sustainability of the ObamaCare marketplaces as they seek approval for premium increases next year.
Insurers say they are losing money on their ObamaCare plans at a rapid rate, and some have begun to talk about dropping out of the marketplaces altogether.
“Something has to give,” said Larry Levitt, an expert on the health law at the Kaiser Family Foundation. “Either insurers will drop out or insurers will raise premiums.”
While analysts expect the market to stabilize once premiums rise and more young, healthy people sign up, some observers have not ruled out the possibility of a collapse of the market, known in insurance parlance as a “death spiral.”
In the short term, there is a growing likelihood that insurers will push for substantial premium increases, creating a political problem for Democrats in an election year.
Insurers have been pounding the drum about problems with ObamaCare pricing.
The Blue Cross Blue Shield Association released a widely publicized report last month that said new enrollees under ObamaCare had 22 percent higher medical costs than people who received coverage from employers.
“Something has to give,” said Larry Levitt, an expert on the health law at the Kaiser Family Foundation. “Either insurers will drop out or insurers will raise premiums.”
While analysts expect the market to stabilize once premiums rise and more young, healthy people sign up, some observers have not ruled out the possibility of a collapse of the market, known in insurance parlance as a “death spiral.”
In the short term, there is a growing likelihood that insurers will push for substantial premium increases, creating a political problem for Democrats in an election year.
Insurers have been pounding the drum about problems with ObamaCare pricing.
The Blue Cross Blue Shield Association released a widely publicized report last month that said new enrollees under ObamaCare had 22 percent higher medical costs than people who received coverage from employers.
And a report from McKinsey & Company found that in the individual market, which includes the ObamaCare marketplaces, insurers lost money in 41 states in 2014, and were only profitable in 9 states.
Posted April 16, 2016 by Scared Monkeys Healthcare, Healthcare.gov, Obamacare, Obamanation, Socialized Medicine | 4 comments |
State Department Memo Shows Barack Obama Administration Going to Move Non-Anmerican Ebola Victims to United States
WHAT!!!
As reported at Special Report, FOX News obtained a State Department memo showing the Obama administration is planning on moving infected Ebola patients to the United States. UNBELIEVABLE. This joke of an administration would bring Ebola infected patients to a country that had no Ebola and had no real policies and procedures in how to deal with it? Exactly who is Barack Obama the president for and what oath of office did he actually take? How could anyone allow non-Americans into the United States to be treated? Haven’t they told us that the only way to protect America was to handle it over there?
OBAMA, YOU ARE SUPPOSED TO BE PRESIDENT OF THE UNITED STATES, NOT THE WORLD!!! THIS MAN IS LITERALLY TRYING TO RUIN AND BANKRUPT THIS COUNTRY. WHO KNEW OBAMACARE COVERED HEALTHCARE FOR NON-AMERICANS.
VIDEO – Hat Tip Special Report via Gateway Pundit
A memo obtained by Fox News indicates the Obama administration has been considering allowing non-American Ebola patients into the U.S. for treatment – though a State Department official on Tuesday denied any such plans.
The document was obtained by Fox News from a Capitol Hill source, who said it is a memo prepared by the State Department. The top of the document is marked “sensitive but unclassified – predesicional (sic).”
The “purpose” of the memo states: “Come to an agreed State Department position on the extent to which non-U.S. citizens will be admitted to the United States for treatment of Ebola Virus Disease.”
The document goes on to discuss – and advocate for — devising such a plan. The memo recommends that “State and DHS devise a system for expeditious parole of Ebola-infected non-citizens into the United States as long as they are otherwise eligible for medical evacuation from the Ebola affected countries and for entry into the United States.”
Click HERE to watch VIDEO from ‘On the Record’
Posted October 29, 2014 by Scared Monkeys Barack Obama, Community Agitator, Divider in Chief, Ebola, Epic Fail, Healthcare, Misleader, Socialized Medicine, The Lying King, United States, West Africa, World, WTF, You Tube - VIDEO | 8 comments |
It Begins, Obamacare Enrollees Info Compromised … 400 Connecticut Health-Exchange Enrollees’ Information May Be Compromised
And so it begins … 400 Connecticut Obamacare health-exchange enrollees’ information may have been compromised. A backpack was recovered in Hartford, Connecticut that held “four notepads with personal information for approximately 400 individuals. The backpack also contained Access Health CT paperwork and it appears as though some of that personal information may be associated with Access Health CT accounts. According to the New Haven Register, Hartford Police spokesman Lt. Brian Foley said an officer responded at about 2:15 p.m. to 280 Trumbull St. to meet with an Access Health CT employee regarding an employee possibly taking customer’s personal information. Centers for Medicare and Medicaid Services spokesman Aaron Albright said in a statement, “This situation does not involve consumers who have used HealthCare.gov.” Of course those words are about as reputable as the Obamacare, Healthcare.gov website roll-out. These are exactly the concerns many individuals warned of with the use and potential abuse by counselors for the exchanges known as “navigators.”
The personal information of around 400 health-exchange enrollees may be compromised, according to a statement issued today by Access Health CT CEO Kevin Counihan.
The statement notes that a backpack was recovered in Hartford that held “four notepads with personal information for approximately 400 individuals. The backpack also contained Access Health CT paperwork and it appears as though some of that personal information may be associated with Access Health CT accounts. It is still unclear where the backpack came from, and we are working [with] the Hartford Police Department to investigate, and contact the individuals whose information may be compromised. … Let me be clear: we are sorry this happened. This is a very serious situation and we will hold the person or persons who are responsible to account.”
Kathleen Tallarita, the government and public affairs outreach manager for Access Health CT, told National Review Online by phone that the health exchange does not know yet whether identity theft has occurred, but “we’re diligently looking into what’s happened.”
Statement from Access Health CT CEO Kevin Counihan:
“Earlier today, we received a report that an individual in Hartford discovered a backpack on Trumbull Street containing four notepads with personal information for approximately 400
individuals. The backpack also contained Access Health CT paperwork and it appears as though some of that personal information may be associated with Access Health CT accounts.It is still unclear where the backpack came from, and we are working the Hartford Police Department to investigate, and contact the individuals whose information may be compromised.
Makes you wonder how many backpacks have made it out of these health-exchanges that were not found, doesn’t it?
Posted June 7, 2014 by Scared Monkeys Barack Obama, Crime, cybersecurity, Epic Fail, Government, Healthcare, Healthcare.gov, Identity Theft, Invassion of Privacy, Law Enforcement, Misleader, Nanny State - Big Government, Obamacare, Obamanation, Socialized Medicine, Theft | no comments |
VA Sec. Shinseki Resigns, But is This Just a Band-Aid on a Broken VA Hospital System … Who Will Be Fired or Prosecuted for Fraud & Murder ?
It was probably the most expected Friday resignation in history. Of course being done prior to Memorial Day weekend may have been a bit more symbolic …
Friday morning, following comments from VA Secretary Eric Shinseki regarding the current VA scandal, Shinseki met with Barack Obama where he gave his resignation. Barack Obama accepted it and in comments to the press stated that Shinseki did not want to be a distraction because his priority is to fix the problem and make sure our vets are getting the care that they need. Obama said that was Ric’s judgment on behalf of his fellow veterans and he I agreed, we don’t have time for distractions. We need to fix the problem. REALLY? Obama said Sloan D. Gibson, the deputy secretary of veterans affairs, will take over the VA until a new secretary is named. Great, some one from within the same system.
Having one individual resign and throwing more money at the problem is not the answer. The VA problems are systemic and the people at the top claimed they had no idea what was going on and that they were lied to. IT’S TIME TO PURGE!!! Some people need to be fired and others who took an active role in the fraud perpetrated on our military veterans and ‘We the People” that caused the deaths of many of America’s heroes need to be prosecuted and jailed.
So Ric’s commitment to our veterans is unquestioned. His service to our country is exemplary. I am grateful for his service, as are many veterans across the country. He has worked hard to investigate and identify the problems with access to care.
But as he told me this morning, the V.A. needs new leadership to address them. He does not want to be a distraction because his priority is to fix the problem and make sure our vets are getting the care that they need. That was Ric’s judgment on behalf of his fellow veterans.
And I agree. We don’t have time for distractions. We need to fix the problem.
For now, the leader that will help move us forward is Sloan Gibson, who will take on the reins as acting secretary.
click on pic to watch VIDEO … pic: screen gran from CNN video
The boss resigned under pressure and other Veterans Affairs managers are likely on the way out. Now the challenge is to solve the problem by providing timely health care for hundreds — perhaps thousands — of waiting veterans around the country.
Even Eric Shinseki knew he had to go, President Barack Obama said Friday in announcing the resignation of his only Veterans Affairs secretary over a growing scandal involving sometimes deadly waits for care at VA hospitals.
Obama went before reporters months after CNN broke the story about the latest problems at the VA and minutes after meeting Shinseki at the White House.
Sorry America … take a good look at what you can expect with Obamacare and what Barack Obama and Democrats most want, a single payer healthcare system.