Monday, August 22, 2016

Game Over: The Stock Market Delivers A Big Fat No To Obamacare Exchanges

By Merrill Matthews, Forbes

The Obama administration believes health insurers fleeing the Obamacare exchanges are missing out on a great business opportunity. Investors disagree. The major health insurers that are finally pulling back from Obamacare have seen a 15% to 20% decline in their stock prices since the middle of last year, while the one insurer that signaled last year it was getting out has climbed about 15%.

Centers for Medicare and Medicaid Services Acting Administrator Andy Slavitt tweeted recently that “the economics are compelling” for health insurers participating in Obamacare exchanges. He continued, “Not many $40B new opportunities. With even modest margins/growth, big business.”

Commentary by: Lynn Cheramie, Founder, Freedom Fighters of America

This was never about choice but about no choice and destroying the best healthcare system in the World! It was geared toward a one payer system and meant to destroy businesses, jobs and further weaken our economy. For those of you who don't think Obama is a domestic terrorist yet, I feel sorry for you because you will be the first to be led to slaughter!

Medicaid will be the single payer in this country and it will not sustain the healthcare industry. Doctors haven't been accepting new Medicaid patients for years. They've also been getting large contracts to go to work for healthcare systems and hospitals. Our population continues to age. All of these things will continue to get worse further eroding our healthcare system. There will be death panels although not actually sentencing Americans to death but by refusing to pay for procedures that will ultimately cause Americans to die!

The free stuff is almost over people but the sad part about it is we will also lose the best healthcare system in the World that  paid for by hardworking Americans and that isn't American!


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