Aetna Pulling Back From Obamacare

Discussion in 'The War Room' started by Mark Hunts FIST, Aug 16, 2016.

  1. ucunc156

    ucunc156 Silver Belt

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    It was on page one and was the grounds of them pulling out.

    Obviously, no i can't demonstrate that as it defeats the whole purpose of insurance. An insurance company makes profit by the amount paid to them by healthy people who don't use the insurance offsetting the cost of covering the unhealthy. Obviously markets/counties that are poor and obese aren't going to be profitable. That is literally the cost of doing business. If you're advocating that insurance companies should be able to selectively choose who they insure based on profitability, then you don't understand the point of the ACA
    I understand cost of acquisition and policy are different. But what you are saying is a kin to a company winning a major customer by promising they can make a product for x price even though they know its at a loss, if they are guaranteed to get get a, b, and c products which will greatly increase their profits. And then after winning that companies business, they say that x is too expensive to make and cancel production of it. Its completely unreasonable and this falls under the cost of doing business.
     
  2. djacobox372

    djacobox372 Gold Belt

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    Mark my words, when Hillary is elected, Atena will somehow figure out a way to take back all those customers.
     
  3. scoopj

    scoopj ackson

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    Lol
     
  4. SafeSpace

    SafeSpace social jihad warrior

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    If you thought the majority of the nation was against this law before lol...

    Just wait till your rates increase a minimum of 10% next year with more on the way!
     
  5. SafeSpace

    SafeSpace social jihad warrior

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    You mean the old system that actually encouraged growth in the R&D side of medicine?
     
  6. panamaican

    panamaican Senior Moderator Staff Member Senior Moderator

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    This is where smarter business models would make sense for them. They're clearly overall still profitable in the insurance space (more profitable even) and they're clearly making money on the people in the exchanges who are getting Medicare and Medicaid.

    Taken as a whole, they're making more money as a result of the ACA. Claiming that part of ACA is unprofitable while ignoring that the ACA as a whole is profitable is why I don't take their complaints seriously. Movie theaters lose money on the movies and make money on the concessions, they don't just drop showing movies and focus on selling popcorn.
     
  7. Cake4Breakfast

    Cake4Breakfast Gold Belt

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  8. curryjunkie

    curryjunkie mixed marital arts...

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  9. panamaican

    panamaican Senior Moderator Staff Member Senior Moderator

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    And this is why only morons take public corporate statements seriously when it's about why they did/didn't do something.. Yes, I'm referencing the "OMG, thank the tax cuts for the bonuses because the corporation says so..." believers. Bunch of useful idiots indeed.
     
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  10. TheComebackKid

    TheComebackKid Titanium Belt

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    Is it your position that these workers would have gotten bonuses and raises without the tax bill?
     
  11. panamaican

    panamaican Senior Moderator Staff Member Senior Moderator

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    My position is that only morons believe corporate statements about why they are doing anything.
     
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  12. Falsedawn

    Falsedawn destroy Platinum Member

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    Prime Rib, Strychnine and Rod1 like this.
  13. bobgeese

    bobgeese Double Yellow Card Double Yellow Card Yellow Card

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    Generalize much?
     
  14. TheComebackKid

    TheComebackKid Titanium Belt

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    Oh ok. So you're not objecting the notion that these bonuses are a direct result of the tax bill?
     
  15. Prime Rib

    Prime Rib Au jus Belt. Double Yellow Card Yellow Card Banned

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    It is a direct result, because they want more corporate welfare. So they throw their workers some crumbs(one time) and some want to throw Trump and the company in question a party. The bonuses from these companies are little more than an empty gesture. It's just PR from the company to set up more corporate welfare in the future.
     
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  16. TheComebackKid

    TheComebackKid Titanium Belt

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    I agree that some of these companies are doing this for good PR to promote tax cuts. But isn't that what they should do? And when that happens isn't that good for their employees?
     
  17. Prime Rib

    Prime Rib Au jus Belt. Double Yellow Card Yellow Card Banned

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    I suppose that is what they should do. For the average employee it makes very little difference. If I were a share-holder I would be happy.

    I think what Pan is getting at is the fact that some people don't see the motives behind these announcements.

    Edit-sorry @TheComebackKid I had trouble inserting your quote.
     
    Last edited: Feb 13, 2018
  18. Seano

    Seano Hands of bone

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  19. Cake4Breakfast

    Cake4Breakfast Gold Belt

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  20. scoopj

    scoopj ackson

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    Yes, it was good for those of us that got it. I was not mad at my employer for giving me an extra $1000 for doing nothing.
     

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