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<blockquote data-quote="vantexan" data-source="post: 2158749" data-attributes="member: 24302"><p>Their profits may have come from other areas though. Heard this morning that other major insurers are considering the same. You may be missing the point that this is the natural progression of Obamacare. It was designed to break the healthcare insurance industry and leave the government as the single payer. Appears to be working. Seriously, if they are required to take all preexisting conditions, and charge exorbitant premiums to cover the costs of said preexisting conditions, and people keep dropping coverage because they can't afford the now much higher premiums, what else can they do but back out or declare bankruptcy?</p></blockquote><p></p>
[QUOTE="vantexan, post: 2158749, member: 24302"] Their profits may have come from other areas though. Heard this morning that other major insurers are considering the same. You may be missing the point that this is the natural progression of Obamacare. It was designed to break the healthcare insurance industry and leave the government as the single payer. Appears to be working. Seriously, if they are required to take all preexisting conditions, and charge exorbitant premiums to cover the costs of said preexisting conditions, and people keep dropping coverage because they can't afford the now much higher premiums, what else can they do but back out or declare bankruptcy? [/QUOTE]
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