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United Health Manhattan Insurance-care Bailout News : The Obamacare ‘Risk Corridor’ Subsidy To Insurers On Thursday, the administration tried to calm insurers, sending them a
written memo full of promises. Obama’s Department of Health and Human
Services vowed to go to Congress for full funding to reimburse insurers
for their losses. UnitedHealthcare’s Thursday bombshell rattled investors, health-plan
subscribers and ObamaCare partisans. The insurer currently covers more
than half a million ObamaCare plan subscribers in 23 states, including
New York, New Jersey and Connecticut.
The insurer announced losses of $425 million on ObamaCare plans, and
CEO Stephen Hemsley said, “We cannot sustain these losses,” and “we saw
no indication of anything actually improving.”http://davidstockmanscontracorner.com/here-comes-the-next-bailout-the-obamacare-risk-corridor-subsidy-to-insurers/ Debt Clock 18.663 Trillion and Counting http://www.usdebtclock.org/ Full Promises 37 Trillion Dollars aloha |
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