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Obamacare is not guaranteeing profitability the way insurers thought it would. But Obamacare cronies are benefitting handsomely and the revolving door is spinning. Meanwhile, the Obamacare-Industrial Complex is looking for even bigger ways to shake money out of us.
PreferredOne loses $139M after lowballing premiums on Minn exchange and mispricing preexisting condition risk
http://www.startribune.com/business/294761521.html
BCBS-NC posts 1st loss in 15 years due to #ACA older, sicker risk pool (investors, beware getting in bed with gov’t)
http://www.newsobserver.com/2015/02/27/4587438_blue-cross-posts-first-loss-in.html?rh=1
#Crony Alert – $100M payday coming for H&R Block which lobbied for #Obamacare
http://dailycaller.com/2015/02/24/hr-block-helped-shape-obamacare-now-set-for-gigantic-payday/
MD Sec’y Health Joshua Sharfstein leaving for plum job at Johns Hopkins #crony #corruption
http://secure.campaigner.com/Campaigner/Public/t.show?74ocd–3p8gm-v6u8oz8&_v=2
#Crony officials in charge of botched roll-out got $33,000+ bonuses, some jumped to private sector
http://www.judicialwatch.org/blog/2014/08/jw-probe-despite-failures-obamacare-officials-got-big-bonuses/
#Crony entrenched insurers vow to defend #ACA, government gravy-train (investors, beware subsidy risk)
http://www.washingtonexaminer.com/insurers-will-strenuously-resist-gop-efforts-to-dismantle-obamacare/article/2556282
Don’t expect the healthcare-industrial complex to support getting rid of the #Obamacare law from which it benefits
http://www.washingtonexaminer.com/the-latest-liberal-defense-of-obamacare-megahospitals-love-it/article/2560124
Plea to remove antitrust constraints on health firms; pay-for-value combinations will give us unicorns and rainbows
http://morningconsult.com/opinions/two-ways-federal-government-lagging-behind-post-aca-world/
You deliberately destroyed my low-cost health insurance to make me dependent on you. This is war.
Do you support bringing back true low-cost catastrophic insurance? If not, why not?