Friday, February 12, 2016

Now Humana Says It Might Bail On ObamaCare

It wasn’t that long ago when ObamaCare fans were wagging their fingers at critics, saying industry profits proved that the law was working. They’ve been noticeably silent as insurers report huge losses.
“It turns out that the law that the insurance industry’s shills demonized has been awfully good to insurance-company investors.” That was from a piece in the Huffington Post almost exactly a year ago, after UnitedHealth Group released its Q1 earnings.
The writer went on to point out that the good news was reported in the pages of IBD, while our editorial page has long been critical of the law. “I can’t wait,” Wendell Potter concluded, “to see how IBD’s editorial writers spin UnitedHealth’s ObamaCare success.”

http://www.investors.com/politics/editorials/now-humana-says-it-might-bail-on-obamacare/

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