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


To: puborectalis who wrote (904231)12/2/2015 7:01:00 AM
From: longnshort1 Recommendation

Recommended By
FJB

  Read Replies (1) | Respond to of 1573851
 
UnitedHealth CEO regrets entering ObamaCare

The CEO of UnitedHealthCare on Tuesday said he regretted the decision to enter the ObamaCare marketplace last year, which the company says has resulted in millions of dollars in losses.

“It was for us a bad decision,” UnitedHealth CEO Stephen Hemsley said at an investor’s meeting in New York, according to Bloomberg Business.

UnitedHealth, the country’s largest insurer, announced last month that it would no longer advertise its ObamaCare plans over the next year and may pull out completely in 2016 — a move that sent shockwaves across the healthcare sector.

Hemsley’s remarks double down on his earlier warning that the ObamaCare exchanges remain weaker than expected after two years and that it will take far longer for insurers to profit from the millions of new enrollees.

The company had already eyed ObamaCare’s federal marketplace cautiously since it launched in 2013. UnitedHealth only began selling plans on the exchanges last year.

Now, UnitedHealth officials have said that move will result in a half-billion dollars in losses over two years.

Hemsley said it was smart to sit out of the exchanges for the first year, but that the company should have held out another year.

“In retrospect, we should have stayed out longer,” he said, adding that he believes the marketplace will take more than “a season or two” to develop.

“We did not believe it would form this slowly, be this porous, or become this severe,” he said.



To: puborectalis who wrote (904231)12/2/2015 7:02:39 AM
From: longnshort1 Recommendation

Recommended By
FJB

  Respond to of 1573851
 
you want this greedy money gruber Hillary Spent Much Of Her Time As Secretary Of State Meeting With Democrat Donors 8 blurbrain



To: puborectalis who wrote (904231)12/2/2015 7:27:00 AM
From: longnshort1 Recommendation

Recommended By
FJB

  Read Replies (1) | Respond to of 1573851
 
your fascist king Obama Told 150 World Leaders He’s Weighing Executive Orders for Gun Control 8 sentinel



To: puborectalis who wrote (904231)12/2/2015 12:49:40 PM
From: i-node2 Recommendations

Recommended By
Bonefish
TideGlider

  Read Replies (3) | Respond to of 1573851
 
I believe the conclusion has been reached that Carson isn't to be the candidate.

The man has had a lot of success in his life and I wouldn't count him out two months before the voting starts. But it does appear the attacks by the Left have been successful in smearing one of the best reputations ever to run for the office.

They were successful in doing the same with Romney in '12.

It seems Democrats like that sort of politics.