538 Cure For Obamacare LOL

Aug 31, 2016

  1. SamIam
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    SamIam Guru

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    SamIam, Aug 31, 2016
    #1
  2. taterpeeler
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    taterpeeler Guru

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    Molina pays just like the rest... article wrong
     
  3. FLM2
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    FLM2 Guru

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    Molina pays higher commissions than almost all of them, the writer is an idiot
     
    FLM2, Aug 31, 2016
    #3
  4. rugerred
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    They are also paying on SEP's
     
    rugerred, Aug 31, 2016
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  5. Ann H
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    Ann H Guru

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    My favorite quote from the article is this:

    Insurers aren’t all struggling equally. Some, such as Molina Healthcare and Centene, are actually making money on the exchanges. Others lose just a little — Goldman Sachs estimates Anthem loses 5 cents on every dollar it makes selling Obamacare policies. A few lose a lot: United is losing 20 cents on the dollar, about $850 million total this year, and some analysts think Aetna may be losing about 15 cents, though the company itself says it’s a little less than a dime.​

    Ummm, okay. I'm gullible. The way they word that, it appears that you make $1.00, and lose only 15 cents, then you can keep 85 cents. But that's not the way losses work. It means if you make $1.00 and lose 15 cents, then you lost $1.15. That kind of loss really adds up when you are talking about millions and billions of dollars.
     
    Ann H, Aug 31, 2016
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