Friday, February 07, 2014

Humana Will Get $250-450 Million to Offset Expected Loses This Year. That's Just One Insurer.

Humana Will Get $250-450 Million to Offset Expected Loses This Year. That's Just One Insurer. | National Review Online:
"A few weeks ago, we were told not to listen to the hype about Obamacare’s troubles, because insurers believed it was all going to be okay. Better yet, even after a rocky start in 2014, it was going to be good for their businesses.
And indeed, it is likely that the reason they agreed to let the federal government tell them what they can sell or not and at what price is that they thought this was worth it in exchange for Obamacare’s forcing citizens to buy their products.
But what will this bargain take? 
One large health insurer, Humana, is going to need between $250 and $450 million payment (some or most​ of it could be coming from taxpayers) to compensate for their loses in 2014. "

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