Obamacare Bleeding Out

[jms62]

Originally Posted by Rupert Pupkin

What a surprise. I thought you could just insure everyone, even people with costly pre-existing conditions that require $100,000 a year in treatments (and medication), and that the system would be totally sustainable. I can't believe that is not the case. This is shocking news:

OBAMACARE BLEEDING OUT: Insurers warn losses unsustainable...

"Health insurance companies are amplifying their warnings about the financial sustainability of the ObamaCare marketplaces as they seek approval for premium increases next year."

"Insurers say they are losing money on their ObamaCare plans at a rapid rate, and some have begun to talk about dropping out of the marketplaces altogether."

http://thehill.com/policy/healthcare...-unsustainable

Yes I believe anything an insurance company looking to jack up rates so they can give execs hundreds of millions in stock options tells me cause I read it on the Internet.

http://money.cnn.com/2015/01/21/inve...ngs-obamacare/

http://www.latimes.com/business/hilt...03-column.html