Chalk up another lie from this administration. From the Washington Examiner:
America's biggest health insurer UnitedHealth bails on Obamacare, citing big losses
UnitedHealth, the largest health insurer in the United States, is planning a widespread exit of the Obamacare market due to mounting losses from participating in the program.
UnitedHealth's CEO said in an investor call Tuesday morning that the Obamacare market has continued to show high risk.
"Next year we will only remain in a handful of states," CEO Stephen Hemsley said. UnitedHealth lost $425 million last year due to Obamacare.
The 'non-partisan' Congressional Budget Office siad that Obamacare was unsustainable - more here and here.
Time to admit that it does not work, repeal it and start back with an open market for insurance. Simplify the profession and costs will come down. We already have TriCare for our soldiers ($565.20/year for an entire family) - open it up to the general public.
Obamacare was designed by a committee that tried to keep everybody happy. At 65 years old, I do not need birth control or mamograms so I should not be paying for them with my tax dollars. I do not think that Lulu appreciates paying for her prostate gland checkups either.
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