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Autumn

(45,120 posts)
2. What kind of money do they put out there in purchasing support
Sat Nov 21, 2015, 04:34 PM
Nov 2015

from politicians? That will tell you all you need to know.

Waldorf

(654 posts)
4. They aren't broke but have announced that they might be leaving the Affordable Care Act in a couple
Sat Nov 21, 2015, 05:18 PM
Nov 2015

years.

"One of the country’s largest health insurers warned Thursday that it may leave the ObamaCare exchanges within two years, delivering a shock announcement that could ripple through the marketplace.

At a shareholder meeting Thursday, UnitedHealthcare cast doubt on its ability to carry plans on the healthcare law’s exchanges beyond 2016, offering a more grim financial outlook than it had previously expected."

http://thehill.com/policy/healthcare/260758-unitedhealthcare-may-exit-obamacare-exchanges

louis-t

(23,297 posts)
5. UHC has been ripping people off for decades.
Sat Nov 21, 2015, 05:31 PM
Nov 2015

My heart bleeds for them. This is the latest extortion attempt from a huge corporation. How are they losing money? Policies are not cheap. They have more customers, the government is paying part of the cost most of the time. This is a head scratcher. Like Trump owning a casino that went bankrupt. How is that possible?

egduj

(805 posts)
7. No, because they are not in trouble.
Sat Nov 21, 2015, 06:25 PM
Nov 2015

They are just unwilling to absorb the financial loss from participating in the ACA.

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