ACA: For the Win!

[Arianrhod]

Go team! .... and they say the economy isn't in recovery!

Anthem Makes $47 Billion Offer for Rival Cigna
By JEFFREY CANE and REED ABELSONJUNE 20, 2015


One of the biggest health insurers in the country, Anthem, on Saturday announced an offer to acquire a rival, Cigna, for more than $47 billion in cash and stock.

The move is the latest step toward an expected consolidation among health insurancecompanies. Last month, Humana, another competitor, was said to be exploring a sale of itself.

Driving the push to get bigger has been the Obama administration’s health care overhaul, which has bolstered revenues. Yet, at the same time, profit margins have come under pressure in the face of greater pricing transparency and less generous funding of government plans.

Just wanting to keep this one rolling.

They make money....end of discussion.

Not the end of the discussion as long as you keep playing both sides of the issue. Some of us on the left pointed that out weeks ago. Let's see you explain to your RW apologists how "duh poor widdle insurance companies are hemorrhaging* money - WAAAAAHHHH!" that they aren't. Really.

No? Didn't think so.

*Though I doubt most of them can spell "hemorrhaging" even with a spellchecker.

 

[Sun Devil 92]

ACA is good for America.

You bet.

If you spell America "Aetna".