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Aetna pulling out of the exchanges AND the insurance policies
Posted: May 11, 2017
in Nebraska and Delaware in 2018. Another one bites the dust.
Will there be any health insurance left before they get the new insurance rules? The Senate is making up their own policy. Wonder how long that will take. Then they want to send it to committee. That could take a couple years.
Some states don't have any Obamacare anymore, yet Obama is still proud of his "legacy" of health care? Don't think so.
Maybe if everybody had played by the rules - there wouldn't be this problem
[ In Reply To ..]Do you think their plan is going to be better?
Dishonest companies - Aetna/Humana merger
[ In Reply To ..]Aetna claimed this summer that it was pulling out of all but four of the 15 states where it was providing Obamacare individual insurance because of a business decision — it was simply losing too much money on the Obamacare exchanges.
Now a federal judge has ruled that that was a rank falsehood. In fact, says Judge John D. Bates, Aetna made its decision at least partially in response to a federal antitrust lawsuit blocking its proposed $34-billion merger with Humana. Aetna threatened federal officials with the pullout before the lawsuit was filed, and followed through on its threat once it was filed.
http://www.latimes.com/business/hiltzik/la-fi-hiltzik-aetna-obamacare-20170123-story.html
Well there you go. Greed is usually the culprit - when they say they can't
[ In Reply To ..]afford to do things.
Maybe if Obama had not lied about this fr om - the beginning
[ In Reply To ..]Things would have been better. Yes...I think their plan will work far better. Obamacare nothing but a socialist move by a fascist to screw the American public. Ask Gruber about the lies...oh, the lefties so easily forget the mess they created.
They lost over 1 billion dollars in just a few years and are - about to go bankrupt.
[ In Reply To ..]xx
I don't feel bad for insurance companies. They were warned - about Obamacare and having to cover
[ In Reply To ..]everything under the sun. They thought it was great and they were going to save money.
It's hard to feel sorry for Aetna when their CEO makes 30 million a year.
Divorce is also a racket that rakes in over 50 billion a year from - families. There are so many
[ In Reply To ..]things wrong in society today.
Law, like medicine, has its problems. We live in such a litigious society.
Show us your source - This is fake news
[ In Reply To ..]Here is real news for you: Btw, net income is after expenses.
HARTFORD, Conn.–(BUSINESS WIRE)–Aetna (NYSE: AET) announced fourth-quarter 2016 net income(1) of $139 million, or $0.39 per share. Full-year 2016 net income was $2.3 billion, or $6.41 per share. Operating earnings(2) for fourth-quarter 2016 were $578 million, or $1.63 per share. Full-year 2016 operating earnings were $2.9 billion, or $8.23 per share.
State Department under Hillary Clinton lost/misplaced 6 billion in - taxpayer's money
[ In Reply To ..]I thought everyone knew about this.
I guess the MSM tried to cover this up.
What does this have to do with Aetna lying about profits? - nm
[ In Reply To ..]
It would help if the alphabet networks who are longstanding - defenders of Obamacare would at least
[ In Reply To ..]acknowledge its failures. They remind me of Baghdad Bob - everything is okay, nothing to see here. Now, they are screaming PEOPLE WILL DIE!
Obamacare is imploding. We call it Zerocare for a good reason.
Insurance - companies
[ In Reply To ..]Worked many years for the home office of an insurance companies. #1 rule for all insurance companies ... "Listen to the actuaries." If the actuaries in any one of these companies see a no-win situation, they will advise that company to pull out of a particular market ... been that way for decades.
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