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Message
re: UnitedHealth pulls out of ACA exchanges, profit soars 35%
Posted on 4/18/17 at 9:08 am to cokebottleag
Posted on 4/18/17 at 9:08 am to cokebottleag
quote:
I said this a few months ago and got told I was an idiot, but I'm convinced that whoever helped write Obama care from the major insurers miscalculated the costs of providing the Obamacare plans. They're expensive to provide and there just were never the amount of healthy people needed to make it work.
Those of us in the industry have been screaming this since day 1.
1
Posted on 4/18/17 at 9:49 am to roadGator
They good to run up the rates on the payers, and now raking in the profits when they cut the bleeding exchanges. They get to skim the profits, now...who knew?
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