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By eriknben10
#490976
The top insurance companies made billions. No more subsidies needed. Good start to fix the mess government created. This should also help wake up the congress and force them to pass legislation. The S&P 500 Managed Care sector is up 25 percent year to date. Imagine that!
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By Phaedrus
#490982
The S&P health care sector is enjoying a 5.5% larger growth than the S&P Index with all of that increase coming after Trump took office and the gap has been widening throughout the year.
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By eriknben10
#490983
Phaedrus wrote:The S&P health care sector is enjoying a 5.5% larger growth than the S&P Index with all of that increase coming after Trump took office and the gap has been widening throughout the year.


What's your point?

Nothing the Trump administration nor congress has done moved anything in the healthcare sector, until now, nothing has even changed in the laws. The free money they are making in the managed care sector all comes from the Medicaid and Medicare markets that expanded greatly thru the Unaffordable Care Act . Unless congress makes a law, the states are chit outta luck for the subsidies.
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By Phaedrus
#490984
My point is that they are expecting greater profits under Trump. This will be achieved through a combination of higher premiums and reduced coverage.
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By eriknben10
#490985
That's probably why the stock fell after Trumps decision to nix funding the failing system that they helped write and reaped the rewards from the past few years.
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By Phaedrus
#490987
I think it is about the transfer of income to people who cannot afford healthcare. It is fundamentally about whether we believe that health care should be equally available to all and whether we are willing to pay for that so as to be actually insured instead of at the mercy of the health insurance industry and our employers.
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By eriknben10
#490988
Stinky Pete wrote:There are multiple independent studies which show the system is not failing. This is all about anti-Obama spite, and nothing else.


Just as many that show it is unsustainable and self destructing.
https://www.cnbc.com/2016/08/17/obamaca ... warns.html