Among the issues most commonly discussed are individuality, the rights of the individual, the limits of legitimate government, morality, history, economics, government policy, science, business, education, health care, energy, and man-made global warming evaluations. My posts are aimed at intelligent and rational individuals, whose comments are very welcome.

"No matter how vast your knowledge or how modest, it is your own mind that has to acquire it." Ayn Rand

"Observe that the 'haves' are those who have freedom, and that it is freedom that the 'have-nots' have not." Ayn Rand

"The virtue involved in helping those one loves is not 'selflessness' or 'sacrifice', but integrity." Ayn Rand

19 July 2016

UnitedHealth Losses Under ObamaCare Accelerate

Earlier, UnitedHealthcare, the nation's largest health insurer, announced that it was leaving most of the 30 ObamaCare markets due to losses.  Its earlier loss estimate was $600 million, but it has just upped that estimate to $800 million.  It has insured 800,000 enrollees under ObamaCare, so it is losing $1000 per enrollee due to their rapidly rising health care costs.

It is quite understandable that one would not want enrollees one loses an average of $1000 apiece on. That is not a business to be in.  There is definitely a sustainability problem here.


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