UnitedHealth CEO: We may bail on Obamacare
And when all providers leave will our premiums hit the moon?
(A) What makes you think all providers would leave? Usually when one bails the others swoop in and pick up their customers
If it was profitable for them to be in the business of ObamaCare they wouldn't be bailing on it in the first place.
They're still getting the same premiums. What's bugging them is that they can't deny patients for preexisting conditions or set lifetime caps for coverage, poor babies.
Single-payer, here we come.
Well duh stupid.
That's the point. You people are so mindless sometimes.... can't you think critically for once in your life?
Look.... since obviously you are incapable of understanding it that way, let's think of it another way....
Pretend you and me, and a dozen others, are all working at a company, and we say "screw insurance, let's run our own co-op". So we open our own health-insurance-pool. We all pay into the pool, and when we need health care, we pull money from the pool, and write a check.
So $300 a month, by all the people in the company, for a couple of years... we build up a large fund, and we can cover everything.
Now, Bob get's hired, and he refuses to join the co-op. No health insurance pool for him. 4 years later, Bob goes to the doctor and finds out he has cancer. But he doesn't tell us this. He comes in Monday... "hey I'd like to join your co-op!" So he joins sends in his first $300 payment, and then sends a $300,000 bill for cancer treatment. Suddenly our Co-op health insurance pool, is drained rather quickly, and now we have to raise premiums on everyone.
Then after 3 years of paying into the pool, Bob finishes his cancer treatment, and the next month "Oh hey, I'm canceling my Co-op. Thanks bye!".
So not only did Bob empty out the co-op, and not only did he not pay a penny in until he was taking $300,000 out, but when he was finished, he canceled, leaving all of us... INCLUDING YOU... to pay higher premiums to replenish the pool.
Now if you had to pay those costs directly, YOU would be SCREAMING for a pre-exiting condition clause.
But you live in a myth. The myth that you don't pay those costs. You live in a mythical world where the insurance company pays those costs.
WRONG! YOU pay those costs. The insurance company passes all of those costs right along to you. That's why the insurance companies created pre-existing condition clauses. So that you don't have to pay for Bob being irresponsible.
But of course you people on the lest were so stupid, you forced the companies to accept everyone. And the politicians knew that it would drive up costs, which is why they put in place controls on premiums.... so now the companies are leaving, and you won't have insurance at all.
Brilliant. Brain dead idiotic fools.... There is nothing a capitalist system can't build and grow, that a mindless left-wing ape, can't tear down and destroy. Soviet ruins... here we come.
