Industry's complaints regarding the ACA. This is well researched and written. VIVA ObamaCare!
http://www.latimes.com/business/hiltzik/la-fi-hiltzik-obamacare-hardball-20160809-snap-story.html
"Three months ago, its CEO, Mark Bertolini, was praising the exchange market as “a good investment,” albeit one in which profits were still a year or more away—which is a pretty good definition of an “investment” in the future. Aetna was preparing to expand the states in which it offers individual exchange plans."
"The company has projected losses of $300 million on its exchange business for 2016, but in the same conference call in which he dissed the ACA exchange business, Bertolini also announced a record $6.5 billion in government program premiums for the first quarter of 2016 alone, an increase of 13% over the same quarter a year ago.
“This steady growth has been driven by a combination of new contract wins, county expansions in existing states, and ACA-related expansion membership,” he said. “Looking to the future, we are confident that Aetna is well positioned to take advantage of the strong growth dynamics of the Medicaid business.”"
"UnitedHealth, which has distinguished itself with the volume of its whining about Obamacare exchange losses and the speed of its withdrawal from that business, disclosed last month at its second-quarter earnings conference call that its Medicaid business is doing fabulously. Its revenue in that line rose 14.7% to $8.3 billion year-to-year and it added 225,000 enrollees, including new members in Iowa, New York and Pennsylvania, which have expanded Medicaid under the ACA. And Anthem, which has been complaining (albeit quietly) about the difficulty of scoring profits in the exchange market, has been buying up Medicaid insurers — including Simply Healthcare, which had nearly 200,000 Medicaid and Medicare members in Florida, for $1 billion last year."
http://www.latimes.com/business/hiltzik/la-fi-hiltzik-obamacare-hardball-20160809-snap-story.html
"Three months ago, its CEO, Mark Bertolini, was praising the exchange market as “a good investment,” albeit one in which profits were still a year or more away—which is a pretty good definition of an “investment” in the future. Aetna was preparing to expand the states in which it offers individual exchange plans."
"The company has projected losses of $300 million on its exchange business for 2016, but in the same conference call in which he dissed the ACA exchange business, Bertolini also announced a record $6.5 billion in government program premiums for the first quarter of 2016 alone, an increase of 13% over the same quarter a year ago.
“This steady growth has been driven by a combination of new contract wins, county expansions in existing states, and ACA-related expansion membership,” he said. “Looking to the future, we are confident that Aetna is well positioned to take advantage of the strong growth dynamics of the Medicaid business.”"
"UnitedHealth, which has distinguished itself with the volume of its whining about Obamacare exchange losses and the speed of its withdrawal from that business, disclosed last month at its second-quarter earnings conference call that its Medicaid business is doing fabulously. Its revenue in that line rose 14.7% to $8.3 billion year-to-year and it added 225,000 enrollees, including new members in Iowa, New York and Pennsylvania, which have expanded Medicaid under the ACA. And Anthem, which has been complaining (albeit quietly) about the difficulty of scoring profits in the exchange market, has been buying up Medicaid insurers — including Simply Healthcare, which had nearly 200,000 Medicaid and Medicare members in Florida, for $1 billion last year."
