UnitedHealth sees 2011 hit from econo...

UnitedHealth sees 2011 hit from economy, overhaul

There are 5 comments on the TwinCities.com story from Nov 29, 2010, titled UnitedHealth sees 2011 hit from economy, overhaul. In it, TwinCities.com reports that:

Managed care company UnitedHealth Group Inc. said today economic stagnation, the health care overhaul and pressure on government programs like Medicare and Medicaid will affect its performance heading into the new year.

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in other words

Saint Paul, MN

#1 Nov 30, 2010
"Adapting to market changes is not new to us . and we have extensive experience operating in highly regulated environments," she said.

In other words... we will just jack up the rates, and find ways not to pay your claims.
I worked at UHC for 12yrs, they will not allow this loss of income, they will jack rates up.
Though I bet all the execs just went out and bought a ton of stock as it went down, then they will sell it when they make their record profits next spring.
Porkulus

Monroe, LA

#2 Nov 30, 2010
What is the biggest whopper he has told as president? So far, the hands-down winner is, "No matter how we reform health care, we will keep this promise to the American people. If you like your doctor, you will be able to keep your doctor, period. If you like your healthcare plan, you'll be able to keep your healthcare plan, period. No one will take it away, no matter what."

Obama made that particular pledge in a speech to the American Medical Association in June 2009, but he said the same thing, with slight variations, dozens of times during the healthcare debate. And now, exactly eight months after he signed the Patient Protection and Affordable Care Act into law, we're seeing just how empty the president's promise was.

The New York Times reports there is a "growing frenzy of mergers" in the healthcare field in which hospitals and other care providers, pressured by the new law's provisions, are joining forces to save money. "Consumer advocates fear that the healthcare law could worsen some of the very problems it was meant to solve," the paper reports, "by reducing competition, driving up costs and creating incentives for doctors and hospitals to stint on care, in order to retain their cost-saving bonuses."

The Obama administration's answer to the problem will undoubtedly be more regulation. But the wave of mergers is just one of many signs of trouble with the new law.

And a lot of people do like their coverage. A new Gallup Poll found that when Americans are asked to assess the quality of their own health care, the results "are among the most positive Gallup has found over the past decade." A total of 82 percent of respondents rate their health care as excellent or good, while just 16 percent rate it as fair or poor."

The key question of healthcare reform has always been how to make things better for the 16 percent while not messing things up for the 82 percent. Obama decided to blow up the system for everyone.(typical "progressive")
Rose

Saint Paul, MN

#3 Nov 30, 2010
Still, baby boomers are getting older. And, there should be some profits to be made.
Billions for CEO

Minneapolis, MN

#4 Nov 30, 2010
The billions skimmed by CEO and top management have nothing to do with lame performance or the insurance scandals. Move along now.
PorkyPigulus

Minneapolis, MN

#5 Nov 30, 2010
Porkulus wrote:
What is the biggest whopper he has told as president? So far, the hands-down winner is, "No matter how we reform health care, we will keep this promise to the American people. If you like your doctor, you will be able to keep your doctor, period. If you like your healthcare plan, you'll be able to keep your healthcare plan, period. No one will take it away, no matter what."
Obama made that particular pledge in a speech to the American Medical Association in June 2009, but he said the same thing, with slight variations, dozens of times during the healthcare debate. And now, exactly eight months after he signed the Patient Protection and Affordable Care Act into law, we're seeing just how empty the president's promise was.
The New York Times reports there is a "growing frenzy of mergers" in the healthcare field in which hospitals and other care providers, pressured by the new law's provisions, are joining forces to save money. "Consumer advocates fear that the healthcare law could worsen some of the very problems it was meant to solve," the paper reports, "by reducing competition, driving up costs and creating incentives for doctors and hospitals to stint on care, in order to retain their cost-saving bonuses."
The Obama administration's answer to the problem will undoubtedly be more regulation. But the wave of mergers is just one of many signs of trouble with the new law.
And a lot of people do like their coverage. A new Gallup Poll found that when Americans are asked to assess the quality of their own health care, the results "are among the most positive Gallup has found over the past decade." A total of 82 percent of respondents rate their health care as excellent or good, while just 16 percent rate it as fair or poor."
The key question of healthcare reform has always been how to make things better for the 16 percent while not messing things up for the 82 percent. Obama decided to blow up the system for everyone.(typical "progressive")
How many names do you post your right wing extremist lies under?

I notice that you NEVER quote your sources.

Oh, that's right, it's because you make up your crap as you go.

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