Early Signs Insurance Death Spiral Is Starting

“Humana (HUM) said the “risk mix” of its ObamaCare exchange members will be “more adverse than previously expected,” the latest evidence that the health reform is attracting older, sicker Americans than originally projected.”

“The health insurer, in an SEC filing late Thursday, cited the Obama administration’s 11th hour decision to let people stay on plans that had been cancelled due to ObamaCare regulations.”

“The White House has refused to give any information regarding the age or health status of people signing up on the federal healthcare.gov site. Data from some state-run exchanges have suggested fewer “young invincibles” are signing up.”

Humana Warns Of ‘Adverse’ ObamaCare Enrollment ‘Mix’
By ED CARSON, INVESTOR’S BUSINESS DAILY
01/10/2014

http://news.investors.com/politics-obamacare/011014-685908-humana-warns-obamacare-enrollment-adverse-selection-mix.htm

This entry was posted in Designed to Fail and tagged , , , , , . Bookmark the permalink.

Comments are closed.