UnitedHealth, nation's largest health insurer, ready to bail on ObamaCare

"We see no data pointing to improvement."


Who saw this coming? Oh right. Lots of us. The ObamaCare economic model is based on the idea that you can mandate generous benefits, limit prices and take away all discretion from insurers about who can be covered. How can an insurer possibly expect to make money under a model like that? According to Democrats, they'll make it on volume because the individual mandate forces everyone to buy whether they like it or not.
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