Article

2015-12-02 Economy

UnitedHealth CEO regrets entering ObamaCare

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Posted by DarthVader 2015-12-02 07:07|| || Front Page|| [2 views ] Top

#1 It's OK. The Govt (HHS) has already agreed to make good the losses.

Posted by ed in texas 2015-12-02 08:03|| 2015-12-02 08:03|| Front Page Top

#2 So the Gov't covers the losses and United Health Care becomes a ward of the Federal Gov't. What am I missing? Wasn't that the way it was supposed to work ?

Posted by Besoeker 2015-12-02 08:21|| 2015-12-02 08:21|| Front Page Top

#3 Thecompany had already eyed ObamaCare's federal marketplace cautiously since it launched in 2013. UnitedHealth only began selling plans on the exchanges last year.

Shareholder suit would permit discovery to find who put pressure on them to make such a move if they hadn't jumped in at the very beginning.

Posted by Procopius2k 2015-12-02 09:44|| 2015-12-02 09:44|| Front Page Top

#4 This is a problem for UHC because HHS is welshing on the 3R's which were supposed to protect carriers from losses as the sick and only the sick signed up for "free" healthcare.

HHS paid carriers in full the first couple years, but are now paying 17 cents on the dollar.

Considering UHC is a big player the Corp Welfare game via Medicare and Medicaid this is either a pathetic miscalculation on their part, or simple rice bowl rattling for more govt succor.

Posted by regular joe 2015-12-02 12:26|| 2015-12-02 12:26|| Front Page Top

#5 "UnitedHealth CEO regrets entering ObamaCare"

We warned you, you greedy idiot.

I'm not even going to bother looking for my pico-violin.

Posted by Barbara 2015-12-02 18:39|| 2015-12-02 18:39|| Front Page Top

#6 "UnitedHealth CEO regrets entering ObamaCare"

"Shoulda wrapped up, bro." is the thought that comes to mind.

Posted by charger 2015-12-02 20:08|| 2015-12-02 20:08|| Front Page Top

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