Nation's largest health insurer dropping out of the ACA in California

[GummyBearz]

The nation’s largest health insurer announced in April it was dropping out of all but a handful of 34 health insurance marketplaces it participated in. But the company had not discussed its plans in California.

http://www.againstcronycapitalism.org/2016/05/unitedhealth-to-exit-californias-obamacare-market/

[Cassiopeia]

1. Another failing of the ACA.

Insurance companies should be required to participate.

[SickOfTheOnePct]

3. No thanks n/t

[clarice]

5. And exactly HOW would you compel a public company to participate in a Government program?nt

[SickOfTheOnePct]

8. The same way that all doctors are forced to accept Medicare

Oh, wait.

[clarice]

9. Exactly.nt

[bluesbassman]

13. Maybe the same way all private citizens are compelled to buy insurance from a public company?

Oh wait, that's right, mandates are just for those that can't afford lobbyists.

[clarice]

15. Right....like the millions of middle class tax payers who are having to foot the bill.nt

[bluesbassman]

17. Not really sure what you're referring to there.

Fret not though, there won't be a middle class much longer and then you can decry the terrible burden placed on the wealthy as they struggle to support the teaming masses of poor formerly known as middle class.

[clarice]

18. ummmm.... ok.nt

[yourpaljoey]

27. AGREED!

[Cassiopeia]

21. The same way the LAW required this citizen to purchase their products.

It's really not hard. You just gotta get past the corporate bullshit the corporate politicians have been pushing on us.

[SickOfTheOnePct]

2. Won't have much of an impact

Less that 2000 customers in CA, from what I read yesterday.

[GummyBearz]

23. The first domino doesn't have much of an impact until the next 200 get knocked down

That is when you can look back and see the impact of 1 domino

[SickOfTheOnePct]

24. This is the first year

that UnitedHealth even participated in the CA exchanges, and they were limited by the state as to where they could offer policies.

The CA exchange was doing fine before UnitedHealth joined, and they'll do fine without them.

If BlueCross were to drop out, that would be a different story.

[GummyBearz]

25. The other 199 dominos were standing up before one was knocked over

That is the point

[SickOfTheOnePct]

28. Yes, all of the companies could pull out of CA

And monkeys could fly out of my butt too, but I'm not betting that will happen.

[GummyBearz]

32. When the biggest health insurer does some analysis and decides dropping out is better...

others will drop out as well. And that will probably happen sooner than monkeys fly out of your butt. Unless you are into some weird kinky shit I have never imagined

[cherokeeprogressive]

29. "This is the first year" yeah well this is the Biggest Domino.

[SickOfTheOnePct]

30. How is this the "Biggest Domino" in CA? n/t

[cherokeeprogressive]

31. "Nation's largest health insurer dropping out of the ACA in California"

Who the hell said anything about it being the biggest in CA?

[SickOfTheOnePct]

33. Well, since the entire thread is about CA

...why the hell wouldn't one assume that's what you're talking about?

This will no impact on CA at all.

[cherokeeprogressive]

34. If "one" could read the post I was replying to, no assumption would be necessary.

Shall I post the title of the thread for you again?

[Hoyt]

35. Good info. If that is all they have, no wonder they are dropping out.

[clarice]

4. There is going to be more and more of this I'm afraid. nt

[yodermon]

6. Time for the Public Option

if single payer is off the table. which of course it is, ha ha silly me.

[clarice]

11. I've always thought that the term "single payer" is incongruous...

In reality...there will be MANY working people paying the bill.

[yodermon]

16. This is true, and I don't think it's a widely understood term in the general public.

Simple "Public Health Insurance" maybe?
I'd avoid "Government" or "National" because those terms have been given unfair baggage by the right wing IMO.

[clarice]

19. YUP !!!! nt

[roamer65]

36. Single payer or "payor" is a Canadian term.

Most hospitals and clinics in Canada are privately owned, but receive reimbursement from only one insurer. That insurer is the respective provincial government.

If we were to go to a "Medicare for all", we would be hybrid between the Canadian and British systems. Private hospitals and clinics, yet a single insurer at the federal level.

[KG]

7. the next step toward single payer!

[geek tragedy]

10. Do you get all of your news from far right/libertarian websites?

http://www.againstcronycapitalism.org/who-we-are/

Nick Sorrentino is the co-founder and editor of AgainstCronyCapitalism.org. A political and communications consultant whose clients have spanned the political spectrum, his work has been featured at Chief Executive Magazine, Breitbart, Reason.com, NPR.com, Townhall, The Daily Caller, and many other publications. He has spoken at CPAC, The Commit Forum, The Atlas Summit, The US Chamber of Commerce, The National Press Club, and at other venues. Sorrentino is the CEO of Exelorix Consultants and a senior fellow at Future 500. A graduate of Mary Washington College he lives just outside of Washington DC where he can keep an eye on Leviathan.

Hunter Lewis is co-founder of AgainstCronyCapitalism.org. He is co-founder and former CEO of global investment firm Cambridge Associates, LLC and author of 9 books on moral philosophy, psychology, and economics, including the widely acclaimed Are the Rich Necessary? (“Highly provocative and highly pleasurable.”—New York Times) He has contributed to the New York Times, the Times of London, the Washing­ton Post, and the Atlantic Monthly, as well as numerous websites such as Breitbart.com, Forbes.com, Fox.com, RealClearMarkets.com, and Townhall.com. His most recent books are Crony Capitalism in America: 2008–2012, Free Prices Now! Fixing the Economy by Abolishing the Fed, and Where Keynes Went Wrong: And Why Governments Keep Creating Inflation, Bubbles, and Busts. He has served on boards and committees of fifteen leading not-for-profit organizations, including environmental, teaching, research, and cultural and global development organizations, as well as the World Bank.

[SickOfTheOnePct]

12. Why does it matter what the source is

when the information is correct?

http://www.pbs.org/newshour/rundown/unitedhealthcare-to-pull-out-of-obamacare-markets-in-california/

[geek tragedy]

14. because generally it's bad practice to use rightwing websites here.

even if the news is accurate, don't mainstream and legitimize wingnut propaganda outlets

[Lee-Lee]

20. Plus linking to then makes them money

Every person who follows a link there generates ad revenue for them.

[GummyBearz]

22. I didn't know anything about the site

I noticed its title was "againstcronycapitalism" and it was a .org. That didn't give me any red flags. Thanks for vetting it so thoroughly, feel free to read the same article on a different website and then contribute something of value on the topic of my thread.

[underthematrix]

26. I don't have United Health but they're a shitstorm. I'm glad they're leaving CA

I imagine Kaiser and Anthem Blue Cross (my provider) pushed them out.

[Jeffersons Ghost]

37. K&R a 5th rec for publicity