538 Cure For Obamacare LOL

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.
 
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