Saturday, April 23, 2016

Questionable Health Insurance

United Health Care is one of the largest health insurers in the US and has decided it doesn't like Obamacare. United Health Care has decided to drop coverage of those states with Obamacare exchanges. Their earnings have dropped since the establishment of Obamacare because those who are "too dangerous" to insure chose to receive Obamacare. United Health Care has decided that by 2017 it will leave most states.

What does this mean for people trying to get health insurance? Is there a bright future for Obamacare? What will happen when there is a new president elected? If Bernie gets elected and created universal health care, there will be no need for health insurance companies. Do you think health insurance companies will start "buying" people in the government if this happens?


  1. I think that this will mean a lot of things for people trying to get health insurance. It will provide more competition for companies keeping a steady price for most health insurance. If Bernie does get elected, I think we will see a major shift in the mindset of insurance providers to compete with the government in any way that they can.

  2. We cannot judge the future of Obamacare at this point, but I think Obamacare does a lot for lower class people who expose to dangerous diseases that they cannot afford. Definitely, meaning that United Health Care (UHC) will leave the U.S. is that UHC cannot earn profits anymore out of people. I think Obamacare is a really good plan for our citizens.

  3. I agree with both Brian and Edward that UHC leaving the market will bring a positive impact in the long run. UHC's exit may seem to hurt the consumers in the short-run, as the big player in the market leaves; however, in the long run, UHC will be shortly replaced by other competitors with lower costs and health insurance will become much more affordable to lower class and middle class people. I also wonder how dramatic shift there would be if Sanders is elected and the US takes the Single-payer National Health Program, in which the state pays for all healthcare costs without private insurers playing in the market.