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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (764323)	1/17/2014 2:23:48 AM
From: i-node	Respond to of 1573857

>> Health insurers think Obamacare is going to be fine."'Our view is we're still in the early innings,' Cigna chief executive David Cordani told a standing-room only crowd of investors at the J.P. Morgan Healthcare Conference. "The first couple of years will be choppy, and we're learning whether it can find its legs." When is the last time you heard an insurance company executive say, "We're in deep shit, and probably will not generate enough revenue to cover our claim commitments?" As you can imagine it isn't that good for business. And besides, they don't have to worry, because they've had their losses covered by Reid, Pelosi & Obama for the first three years. "Fuck it. It isn't OUR money. Taxpayers are picking it up. Idiots." If you want to know how this is going to play out, no one knows, but we do know there isn't going to be enough revenue coming into the exchanges to cover the expenses. What this means is that your $200 plan this year will be $600 or $800 after the three years of subsidies are gone.