Friday, January 10, 2014

Titanic? or Edmund Fitzgerald?

As you know, the difference between the two was simple:  the Titanic took quite some time to sink.  The Edmund Fitzgerald hit bottom in only a few minutes.

So which one is ObozoCare?  Or is it "Neither.  This IS The Plan, Sucka!"

Four separate items:

1)  This week, Wisconsin Senator Ron Johnson (R.) filed a lawsuit aimed at preventing members of Congress, and their staffers, from receiving subsidized health insurance through Obamacare’s exchanges

2)  “The House passed a bill Friday that requires the federal government to notify consumers within two days if their personal data has been breached on online-based insurance markets tied to the new health care law.”

3)  Insurance companies are still trying to sort out cases of so-called health insurance orphans, customers for whom the government has a record that they enrolled, but the insurer does not

4)  Health insurer Humana Inc said on Thursday that it projected its enrollment mix in private plans through the exchanges created by President Barack Obama’s healthcare law will be, “more adverse than previously expected.”

 5)  ....none of these provisions will fully offset health plan losses….. Now we’ll have some hard numbers, courtesy of Humana. The company announced in an 8-K late Thursday that it expects its Medicare revenue to be substantially higher in 2014. But any revenue gains from this additional business will be fully offset by its bad experience in Obamacare. As a result, its earnings will remain flat for the year...

(All quoted at AEI Ideas)

1 comment:

Saint Revolution said...

The TRUTH about the sinking of The Titanic - murder the opponents of The Fed.