Wednesday, May 28, 2014

WHY BIG PHARMA LOVES OBAMA - More private insurers to hop on Obamacare gravy train

More private insurers to hop on Obamacare gravy train

More private insurers to hop on Obamacare gravy train

By Kate Randall
28 May 2014
A number of private insurance companies that have not yet sold policies on the Affordable Care Act (ACA) exchanges plan to do so in the coming year. The reason is simple: the health care overhaul popularly known as Obamacare offers a virtually risk-free opportunity for insurers to increase their profits.


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“An examination of Emanuel’s vision of health care restructuring reveals that Obama’s proposals have been informed by many of its guiding principles. Key among them are the defense of a health system based on private profit and the delivery of class-based, rationed medical care for the majority of Americans.”

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