Not surprised

So much for free speech.

The US is looking more like the USSR.

The Liar in Chief.

I guess the misberals have nothing to say... They're waiting for a way to blame this on Republicans.

(10-30-2013 10:57 AM)LSU04_08 Wrote:  I guess the misberals have nothing to say... They're waiting for a way to blame this on Republicans.

Quote:Charlie didn't get much USO. He was dug in too deep or moving too fast. His idea of great R&R was cold rice and a little rat meat. He had only two ways home: death, or victory.

The insurance companies are going to make out like bandits. I don't know whaty they would be complaining about.

They are going to get increase their numbers by millions.

(10-30-2013 11:56 AM)Fitbud Wrote:  The insurance companies are going to make out like bandits. I don't know whaty they would be complaining about.

They are going to get increase their numbers by millions.

Until they're run out of business.

(10-30-2013 11:56 AM)Fitbud Wrote:  The insurance companies are going to make out like bandits. I don't know whaty they would be complaining about.

They are going to get increase their numbers by millions.

Even if that is the case, they will also be increasing their liabilities by the hundreds of billions of dollars.

Insurance companies have to put forward 85% (can't remember the exact number) of premium payments towards health care costs. It doesn't matter if they have millions more insured individuals, their maximum profit margin remains the same while their liabilities in the form of payouts will increase dramatically.

Imagine what happens to insurance companies when the young and healthy don't sign up for Obamacare. Those pre-existing condition clients they now have to sign up will sink them.

Obama summoned the insurance industry execs to a meeting before Obamacare passed, to recruit them. They willingly went along, as it is much easier than to fight the government. I'm sure that they were pleased to get all those new customers. Have to wonder how blind they are to the possibilities of this whole thing crashing down, along with the private individual insurance market. I suspect they know it, all too well.