Obamacare Pumping (Your) Money Into Insurance Co. Profits

Comment: Remember when the problem was supposedly BIG BAD INSURANCE COMPANIES, jacking up your costs with their horrible profits? Obamacare is making them bigger, at least for the moment. (Question for our slow-learners: does that make medical care cost more, or less?)

“Anthem—The health insurer reported adjusted quarterly profit of $3.14 per share, well above estimates of $2.67, though revenue fell below Street predictions. Anthem’s results were helped by an increase in memberships for government medical plans like Medicaid.

Early movers: HOT, TWX, LL, HUM, BABA, TWTR & morePeter Schacknow
Wednesday, 29 Apr 2015 | 8:22 AM ET

Bonus: check out this stock chart–Anthem shareholders have done very well since Obamacare passed.

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