Drudge Retort: The Other Side of the News
Wednesday, October 16, 2019

U.S. health insurers had their biggest intraday gain in more than six years after the industry's biggest company reported third-quarter earnings that gave investors confidence in coming results by its rivals.

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Health care companies are focused on increasing profits, and not focused upon healing, curing and prevention.

The wrong outcome is being optimized.

#1 | Posted by LampLighter at 2019-10-15 09:09 PM | Reply

No one could have predicted that Trumpublicans tearing down OCare and marketing cheap ineffective insurance for their donors would raise profits.......

#2 | Posted by Corky at 2019-10-16 02:28 AM | Reply | Newsworthy 2

Interesting that payments being made, as they're supposed to be given the function of the company, are termed a "loss".

#3 | Posted by jpw at 2019-10-16 09:33 AM | Reply

I thought ACA was supposed to prevent this from happening.

#4 | Posted by JeffJ at 2019-10-16 01:41 PM | Reply | Newsworthy 1

I thought ACA was supposed to prevent this from happening.

You thought the mandate to buy insurance, was supposed to prevent insurance companies from taking in profit?

Perhaps you never understood what Obamacare actually was because you were so focused on hating Obama.

#5 | Posted by ClownShack at 2019-10-16 01:44 PM | Reply | Newsworthy 1

"I thought ACA was supposed to prevent this from happening."

Either you're lying, or you've forgotten everything Danforth and even Eberly told you about the ACA.
Now, since it's obvious you're just going for snark points:

"Republican values have literally boiled down to pwning liberals"
POSTED BY CLOWNSHACK
drudge.com

#6 | Posted by snoofy at 2019-10-16 01:49 PM | Reply | Newsworthy 1

I'm talking about the promises that were made when ACA was being sold to the public.

#7 | Posted by JeffJ at 2019-10-16 02:36 PM | Reply | Newsworthy 1

"I'm talking about the promises that were made when ACA was being sold to the public."

I don't remember health insurance companies not making gains as one of the promises.
But since you do, please produce those words so that you may proceed to rub liberals faces in it.

#8 | Posted by snoofy at 2019-10-16 02:38 PM | Reply

-No one could have predicted that Trumpublicans tearing down OCare and marketing cheap ineffective insurance for their donors would raise profits.......

Do you think that's what is driving these profits disclosed by United Health Group?

#9 | Posted by eberly at 2019-10-16 02:43 PM | Reply

I'm not interested in jumping through whatever hoops you think I should jump through, Snoofy.

ACA supposedly limited how much profit and dollars spent on advertising insurance companies could have.

It was supposed to 'rein them in', or so we are told.

Well, that obviously didn't happen and yes, I'm going to rub that fact in the faces of the law's cheerleaders.

#10 | Posted by JeffJ at 2019-10-16 02:54 PM | Reply | Newsworthy 1

-I'm talking about the promises that were made when ACA was being sold to the public.

Meaning the medical Loss ratio requirements included in ACA were supposed to curb the excessive profits being earned?

And now insurance companies are making more money than ever before??

Is that what you meant, Jeff?

#11 | Posted by eberly at 2019-10-16 02:56 PM | Reply | Newsworthy 1

Yes, Ebs. That is what I was referring to.

#12 | Posted by JeffJ at 2019-10-16 02:58 PM | Reply | Newsworthy 1

I think that was lamplighter point as well....

#13 | Posted by eberly at 2019-10-16 03:01 PM | Reply

##10-13

"[W]e have to pass the bill so that you can find out what is in it, away from the fog of the controversy."

-Speaker Pelosi

#14 | Posted by Rightocenter at 2019-10-16 03:06 PM | Reply

Meaning the medical Loss ratio requirements included in ACA were supposed to curb the excessive profits being earned? And now insurance companies are making more money than ever before?? Is that what you meant, Jeff?

Guess neither of you read the article, huh?

"We continue to see costs very well controlled and cost trends consistent with expectations," said Jeff Putnam, chief financial officer of UnitedHealth's insurance unit.
Their profits are up because they've controlled the cost of their healthcare servicing. And if their ratios fall outside of the ACA's perameters, they'll have to refund money to their customers, just like the check my son received last month out of the thin air.

So no, Jeff, the ACA is doing exactly what it was designed to do despite the GOP's attempts to undermine it.

#15 | Posted by tonyroma at 2019-10-16 03:11 PM | Reply

-Their profits are up because they've controlled the cost of their healthcare servicing.

What do you think that means? Healthcare servicing?

Could that mean claims?

LOL

#16 | Posted by eberly at 2019-10-16 03:21 PM | Reply | Newsworthy 1

Tony is quoting the CFO of a health insurance company and believing him.

That guy was the devil not that long ago.

He's so compelled to suck Obama off he's willing to suck off the CFO of United Health Care.

#17 | Posted by eberly at 2019-10-16 03:25 PM | Reply | Funny: 1 | Newsworthy 1

-interesting that payments being made, as they're supposed to be given the function of the company, are termed a "loss".

Not really. Loss = claims.

#18 | Posted by eberly at 2019-10-16 03:30 PM | Reply

"Meaning the medical Loss ratio requirements included in ACA were supposed to curb the excessive profits being earned?
And now insurance companies are making more money than ever before??
Is that what you meant, Jeff?
#11 | POSTED BY EBERLY

Yes, Ebs. That is what I was referring to.
#12 | POSTED BY JEFFJ"

Oh I get it.
JefFJ is calling these profits "excessive."
What's "excessive" about them, JeffJ?
Is the Medical Loss Ratio not high enough?
That would be the first time I've heard you say such a thing.

#19 | Posted by snoofy at 2019-10-16 03:33 PM | Reply

No one could have predicted that Trumpublicans tearing down OCare and marketing cheap ineffective insurance for their donors would raise profits.......

#2 | POSTED BY CORKY AT 2019-10-16 02:28 A

Their profits are up because they've controlled the cost of their healthcare servicing. And if their ratios fall outside of the ACA's perameters, they'll have to refund money to their customers, just like the check my son received last month out of the thin air.

So no, Jeff, the ACA is doing exactly what it was designed to do despite the GOP's attempts to undermine it.

#15 | POSTED BY TONYROMA AT 2019-10-16 03:11 PM

Seems like the only way to settle this is a good old fashion...

UKRAINIAN SHOVEL FIGHT!

#20 | Posted by Rightocenter at 2019-10-16 03:35 PM | Reply

Ebs must like the heel of my boot,

or he'd stop bashing his head into it.

Rebates issued in 2019 will go to subscribers who were enrolled in rebate-eligible plans in 2018. Using data reported by insurers to CMS, we estimate insurers will be issuing a total of at least $1.3 billion across all markets " exceeding the previous record high of $1.1 billion in 2012 (based on 2011 experience).

www.kff.org

Anything to disbelieve there Ebs?

#21 | Posted by tonyroma at 2019-10-16 03:35 PM | Reply

21

What's your point? The rebates are fine.....pennies....but fine.

#22 | Posted by eberly at 2019-10-16 03:42 PM | Reply

ACA supposedly limited how much profit and dollars spent on advertising insurance companies could have.
It was supposed to 'rein them in', or so we are told.
Well, that obviously didn't happen and yes, I'm going to rub that fact in the faces of the law's cheerleaders.
#10 | POSTED BY JEFFJ

Jeff

The mandate to buy insurance was going to to give Insurance providers more clients in order to create a larger pool of money which could allow some clients to pay less because of the increased revenue.

#23 | Posted by ClownShack at 2019-10-16 04:15 PM | Reply

JeffJ sinply though he could pwn the libs with his #4.

There's really nothing more to it than that.

#24 | Posted by snoofy at 2019-10-16 04:20 PM | Reply

Well, some of you think he did pwn the libs with #4. So there's that, I suppose.

#25 | Posted by snoofy at 2019-10-16 04:21 PM | Reply

It could be the Opioid crisis. The victims die quick and cheap, reducing their lifetime claims. Fentanyl 4 all!

#26 | Posted by bored at 2019-10-16 08:58 PM | Reply

I can't wait until I'm old enough for Medicare. It's the best, most cost-effective insurance in the US.

#27 | Posted by AMERICANUNITY at 2019-10-17 02:25 AM | Reply

" can't wait until I'm old enough for Medicare. It's the best, most cost-effective insurance in the US.

POSTED BY AMERICANUNITY "

From what I hear of Medicare, VA is much better. Granted, I live in San Antonio with excellent VA. I know VA has some serious problems in hospitals and clinice outside of San Antonio and the DC are. And VA is much more cost effective than Medicare.

#28 | Posted by goatman at 2019-10-17 02:29 AM | Reply

Keep in mind that Medicare's reimbursement rates are below standard so it gets subsidized by the private market insurers being charged more to make up for it.

It's a hidden tax.

#29 | Posted by JeffJ at 2019-10-17 10:50 AM | Reply

So no, Jeff, the ACA is doing exactly what it was designed to do despite the GOP's attempts to undermine it.
#15 | POSTED BY TONYROMA AT 2019-10-16 03:11 PM | FLAG:

Hmmmm, so if it's so great like it was sold to us why are all the Dems on the debate stage telling us it sucks and needs to be changed?

#30 | Posted by fishpaw at 2019-10-17 12:57 PM | Reply

"And VA is much more cost effective than Medicare."

Because it is true socialized medicine with government employees serving veterans thereby preventing the private sector from profiting from it. Also the VA is allowed to negotiate for lower drug prices, Medicare is not because the Republicans passed Medicare Part D they put a prohibition against negotiating for lower prices in the bill.

#31 | Posted by danni at 2019-10-17 01:42 PM | Reply

Single Payer Now

#32 | Posted by hamburglar at 2019-10-17 08:14 PM | Reply

I'm talking about the promises that were made when ACA was being sold to the public.

#7 | POSTED BY JEFFJ

Perhaps if Republicans had worked to improve it, instead of spending every day since it was passed undermining and chipping away at its goals, the ACA might have worked out. But it's pretty ridiculous to blame Dems for leaving this law as a shell of its possibilities.

#33 | Posted by Whatsleft at 2019-10-18 06:09 PM | Reply

I'm talking about the promises that were made when ACA was being sold to the public.

#7 | POSTED BY JEFFJ

You should really STFU. When your side refused to help in the making of this law. They don't have a right to complain about it after it's become law.

#34 | Posted by LauraMohr at 2019-10-18 06:49 PM | Reply

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