CVS Beats Wall Street Expectations, Plans to Withdraw From ACA Business

[Dont Taz Me Bro]

Since its passage, ObamaCare has been a string of failures. The claim by the former president that the average family would see a $2500 reduction in yearly health care expenses never happened. Several of the health care exchanges created by the program were shut down in less than two years due to being unprofitable. Now, CVS, the largest pharmacy chain in the U.S. is pulling out of the ACA exchange because they are losing money on it.

We have a lot of problems with our health care system, but more mandates, regulations, and government interference isn't the solution. It's the problem. We need less government and third party involvement and more individual choice.

https://www.wsj.com/business/earnings/cvs-health-cvs-q1-earnings-report-2025-3f9621e5?msockid=1b44dec7ea816355332eccadeb80626d

 

[Rambunctious]

The ACA was always going to fail... it was designed to fail so afterwards the feds could run the whole thing...
This is what democrats do... they break stuff so they can take it over...

 

[dblack]

Since its passage, ObamaCare has been a string of failures. The claim by the former president that the average family would see a $2500 reduction in yearly health care expenses never happened. Several of the health care exchanges created by the program were shut down in less than two years due to being unprofitable. Now, CVS, the largest pharmacy chain in the U.S. is pulling out of the ACA exchange because they are losing money on it.

We have a lot of problems with our health care system, but more mandates, regulations, and government interference isn't the solution. It's the problem. We need less government and third party involvement and more individual choice.

https://www.wsj.com/business/earnings/cvs-health-cvs-q1-earnings-report-2025-3f9621e5?msockid=1b44dec7ea816355332eccadeb80626d

It's all good. Trump is going to repeal ACA.

 

[John Edgar Slow Horses]

So what?

 

[JustAGuy1]

CVS is shutting many of it's stores. The one here in town closed last year.

 

[Dekster]

Since its passage, ObamaCare has been a string of failures. The claim by the former president that the average family would see a $2500 reduction in yearly health care expenses never happened. Several of the health care exchanges created by the program were shut down in less than two years due to being unprofitable. Now, CVS, the largest pharmacy chain in the U.S. is pulling out of the ACA exchange because they are losing money on it.

We have a lot of problems with our health care system, but more mandates, regulations, and government interference isn't the solution. It's the problem. We need less government and third party involvement and more individual choice.

https://www.wsj.com/business/earnings/cvs-health-cvs-q1-earnings-report-2025-3f9621e5?msockid=1b44dec7ea816355332eccadeb80626d

Technically an insurance company they own is pulling out of the exchange, not the drugstores. I despise CVS. Ours you never know when they are going to be actually open at the pharmacy and more times than not you are going to have to go back two or three times to get all your pills because they like to only fill a day or 2 's worth at a time.

 

[John Edgar Slow Horses]

Same problem with Walgreens.

ACA is a heaen-sent service for more than 30 million Americans.

 

[Blaster]

Same problem with Walgreens.

ACA is a heaven-sent service for more than 30 million Americans.

Wrong

 

[Blaster]

Too many Americans eat junk food and abuse drugs and alcohol. Eat healthy and exercise.

 

[Mac-7]

Same problem with Walgreens.

ACA is a heaen-sent service for more than 30 million Americans.

I wonder how many of the 30 million are really migrants with fake ID’s?

 

[John Edgar Slow Horses]

Wrong

Absolutely right. You will find that most of them disagree violently with you.

 

[John Edgar Slow Horses]

I wonder how many of the 30 million are really migrants with fake ID’s?

Almost none.

 

[Blaster]

Absolutely right. You will find that most of them disagree violently with you.

You are wrong again.

 

[John Edgar Slow Horses]

You are wrong again.

Nope, you are just

 

[Greenbeard]

Since its passage, ObamaCare has been a string of failures.

Not even close. Uninsurance hit all-time lows, relative health care cost growth essentially stopped for more than a decade (which, needless to say, is unprecedented), and the quality of the health care system demonstrably improved. It's been wildly successful.

The claim by the former president that the average family would see a $2500 reduction in yearly health care expenses never happened.

Cumulative savings since 2010 have been several trillion dollars at this point. Divide that across family units however you like, it'll come out to be a decent number.

Several of the health care exchanges created by the program were shut down in less than two years due to being unprofitable.

Every state has an exchange and has since they opened in 2014.

Now, CVS, the largest pharmacy chain in the U.S. is pulling out of the ACA exchange because they are losing money on it.

This is about Aetna the insurance plan, not CVS the pharmacy. Anyway, Aetna did the same thing the last time Trump was in office. They abandoned their marketplace business with great fanfare in 2018, before reentering in 2021. Now they're pulling out again. Such is the nature of markets (and, of course, the impact of policy, as Trump's posture tends to be quite hostile to the markets). Some sellers win, some lose, some enter markets, some exit markets. The cosmic ballet goes on.

 

[debbiedowner]

You are wrong again.

No, you are wrong. Maybe a few scattered cases but you don't know what it took if you were an immigrant to obtain obamacare. Damn near an act of God.

 

[EvilCat Breath]

The ACA was always going to fail... it was designed to fail so afterwards the feds could run the whole thing...
This is what democrats do... they break stuff so they can take it over...

True. It was supposed to fail and be replaced by universal health care and euthanasia.

 

[dblack]

The cosmic ballet goes on.

 

[Manonthestreet]

CVS is shutting many of it's stores. The one here in town closed last year.

Perhaps get a handle on the theft instead of just ignoring it till you are bankrupt/.

 

[Greenbeard]

True. It was supposed to fail and be replaced by universal health care and euthanasia.

After 15 years, might be time to reevaluate the "it was supposed to fail" thing.