Insurance Companies Profits After Obamacare
Better or worse after obamacare.
Insurance companies profits after obamacare. Consumers are probably entitled to millions of dollars in rebates under obamacare rules that cap companies profits. Health insurance industry figured out how make money from obamacare last year a new analysis shows. Companies that have stuck with the program are facing fresh. Health insurers made oodles of money in 2016 despite losing millions of dollars on obamacare.
The affordable healthcare act also known as obamacare you either love it or hate it few are in between. After years of losses the u s. All six of the top insurers are seeing their stocks it all. There are stories of some people saying that obamacare literally saved their life while others have said that it financially ruined them.
The nation s largest insurers like anthem and unitedhealth had second. After all from the standpoint of the health care industry the system is working just fine for their profits since the public insurance providers are enjoying a jump in their stock values and a protected rise in premiums the normal conclusion is that obamacare is the big winner in the socialization of medicine. Most large health insurers saw strong second quarter profits. The industry s net income rose to 13 1 billion up 46 from a year earlier according to a report.
But the industry s pusillanimous response to the gop s point blank threat to obamacare s survival is a reminder that health insurance companies which have made hundreds of millions of. A quote from the same study indicates that subsidies are being covered by the government e g you and me while the insurance companies made more profits from their premium increases.
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