18 Mar 2017 8:15 pm
Yeah, they're going broke, poor things.Termin8tor » 18 Mar 2017 11:43 am » wrote:Health insurance companies are losing so much money, they're pulling out one by one.
Health insurance industry rakes in billions while blaming Obamacare for losses.
11-01-16
Major insurance companies are enjoying record profits but claim they are losing money under the Affordable Care Act.
UnitedHealth announced record-breaking profits in 2015, followed by an even better year this year. In July 2016, UnitedHealth celebrated revenues that quarter totalling $46.5 billion, an increase of $10 billion since the same time last year.
Aetna, whose CEO Mark Bertolini reported to the Securities and Exchange Commission a $27.9 million compensation in 2015, has similarly celebrated sky-high profits. “In 2015, we reported annual operating revenue of over $60.3 billion, a record for the Company,” Aetna recently told investors.
https://www.consumeraffairs.com/news/he ... 10116.html