Obamacare In It's Death Spiral?

[ferrous]

Aetna CEO: We May Have to Pull Out of Obamacare, or Heavily Hike Premiums

Aetna CEO Mark Bertolini told CNBC on Wednesday that Obamacare has failed to attract the uninsured, and he offered a scenario in which the insurance company could be forced to pull out of program. The company will be submitting Obamacare rates for 2015 on May 15. "Are they going to be double-digit [increases] or are we going to get beat up because they're double-digit or are we just going to have to pull out of the program?" Bertolini asked..."Those questions can't be answered until we see the population we have today. And we really don't have a good view on that." He said that so far, Obamacare has just shifted people who were insured in the individual market to the public exchanges where they could get a better deal on a subsidy for coverage. "We see only 11 percent of the population is actually people that were firmly uninsured that are now insured. So [it] didn't really eat into the uninsured population."

And of course they are not getting the Truth (information) they need to run their business.

www.cnbc.com/id/101354183

Or, are we now hearing Subsidies to the Insurance Companies?

Oh Happy Days...

[danceswithdogs]

The "subsidies" were written into the bill...that no one read and no one but Dimbulbs voted for. The aim is to totally collapse the system so that Obama gets his "Single Payer" agenda. Then, when you die, they seize all of your assets to pay it all back.....thus "spreading the wealth".....one huge Welfare Nation.

Oh Happy Day.....right?

[ferrous]

Total payout reverse mortgages are starting to look, pretty good about now... The only question is getting it out of the country like the 30's in Germany... Might have to sew gemstones into the linings of our clothes...

Damn, they seem to be making criminals out of all of us... Hide your wealth and "Hello, Black Market."