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overtheedge
Member since May 2012
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has posted a comment on the article :
>Tips on Navigating Obamacare Costs on HealthCare.Gov - My Personal Experience - Obamashock! - Mish - Global Economic Analysis
Well, what did you think was gonna happen?
We bailed out the banks, but did nothing about the insurance companies' losses.

Insurance companies don't have a cookie jar holding all the paid premiums just sitting there waiting for a claim.
The money is invested in a plethora of financial devices.
Now consider that beaucoup pension plans are managed by either insurance companies directly or through a subsidiary.
It is easy to see that the great leveler of 2008 probably resulted in an insurance company solvency problem.

Welcome to the great insurance company bail-in to protect pension plans.
Gotta do whatever we must to get that union vote, eh?

Here is classic evidence that the people don't want freedom, but rather security.

P.S. Anyone consider how this PPACA will affect the trade in residuals?


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4037 days ago
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Beginning of the headline :You can now see cost options of various Obamacare plans whether or not you are registered. Once on the site (click on the above link), filter your state and county. Click on the lines as shown by the arrow, not the "i" symbol. Don't bother with the instruction line at the top of the form that reads "For instructions on how to read and use this data, please view the documentation available under the ‘About’ tab on" If you find and click on the "about tab",  it humorously looks like this: ... Read More
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