Tag Archives: corporate greed

Major Insurer Threatens To Leave Obamacare

UnitedHealthcare, which reported a net income of $8.4 billion this year, says it’s not making enough money with Obamacare and may leave the system within two years. “In recent weeks, growth expectations for individual exchange participation have tempered industrywide,” said Stephen Hemsley, the company’s CEO. “Co-operatives have failed, and market data has signaled higher risks and more difficulties while our ...

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