Because Of Obamacare, 123-Year-Old Major Health Insurance Provider Set To Close Its Doors (companies, cost)

[Rick Roma]

To fundamentally transform America.............


Because Of Obamacare, 123-Year-Old Major Health Insurance Provider Set To Close Its Doors

[greywar]

Originally Posted by Rick Roma

To fundamentally transform America.............


Because Of Obamacare, 123-Year-Old Major Health Insurance Provider Set To Close Its Doors

From the link:

Assurant Health opted not to participate in the first Obamacare enrollment period in 2013

AKA they were stupid, and didn't do what every other company was doing.....I think I see the problem, and its not Obamacare, its mismanagement.

[shooting4life]

Originally Posted by greywar

From the link:


AKA they were stupid, and didn't do what every other company was doing.....I think I see the problem, and its not Obamacare, its mismanagement.

So the company not wanting to leach onto the government teat is mismangment now. I wonder how they ever survived before obamacare came along.

[Enigma777]

Are we supposed to feel bad for an insurance company?? Seriously? I wish the whole insurance industry would disappear.

"They are a casualty of the ACA," said Steven Schwartz, an analyst with Raymond James & Associates."

Really--awww too bad. I feel much worse for all of the individuals in the country who "were a casualty" of the economic crash of 2007 and lost their insurance altogether.

[shooting4life]

Originally Posted by Enigma777

Are we supposed to feel bad for an insurance company?? Seriously? I wish the whole insurance industry would disappear.

"They are a casualty of the ACA," said Steven Schwartz, an analyst with Raymond James & Associates."

Really--awww too bad. I feel much worse for all of the individuals in the country who "were a casualty" of the economic crash of 2007 and lost their insurance altogether.

Damn those insurance companies for not giving away coverage for free.

I'm sure you are one of the millions without health insurance and just pay cash for everything. Probably don't drive because you don't want auto insurance, don't have a home loan because you don't want homeowners insurance.

[jmking]

Perhaps the company can sell car insurance instead. Poor shareholders

[metroxian]

More public education gone to waste.

TANSTAAFL

Socialism, the new bedrock of the American future. Any time government chooses to enter an industry and businesses in that industry shut their doors it's just too damned bad, cause progressive... or something.

[greywar]

Sorry but when the VAST majority of health insurance companies aren't going under....the one that is going under is most likely due to mismanagement.

[cuebald]

Originally Posted by Rick Roma

To fundamentally transform America.............


Because Of Obamacare, 123-Year-Old Major Health Insurance Provider Set To Close Its Doors

Good riddance. The insurance companies add cost without value. They all need to be done away with.

[jmking]

Originally Posted by metroxian

More public education gone to waste.

TANSTAAFL

Socialism, the new bedrock of the American future. Any time government chooses to enter an industry and businesses in that industry shut their doors it's just too damned bad, cause progressive... or something.

The ACA is a mandate to purchase for-profit insurance, nothing more, only in that insurance companies have to insure not blow smoke up people's cracks with boloney policies. Again----dividend paying for-profit insurance. You know, that mandate put forth by the progressive republican Mitt in the great state of Mass.