United Health Care is complaining and seeking relief
from Obamacare because they are losing money on this big government boondoggle. The deal they entered into with Obama to
serve the needs of Obamacare was an attempt to eliminate their competition and
jump on the government bandwagon to make some big bucks while basking in the
glow and sunshine of our dear president.
I can’t blame them for trying to undermine their
competition, that’s how companies become stronger and more efficient. But to
join government as a partner in driving their competition out of business is
distasteful and bad business, as companies that allied themselves with our
current socialist regime are learning.
Obama wanted to use the insurance companies to ultimately get a monopoly
of insurance coverage under the control of the government, and then he planned
to cast the insurance companies aside and nationalize healthcare, just as the
insurance companies discarded their competing companies by allying themselves
with Obamacare.
The stories of the disaster that would happen to customer
costs, insurance premiums and deductibles with the introduction of the
Affordable Care Act were not only numerous but have been proven to be true, and
the insurance companies should have been smart enough to see the truth. I
believe they certainly did know the truth about the possible loss of profits by
supporting Obama, but they were assured by him that the government would not
only eliminate their competition, but would also indemnify the insurance
companies against any loses, and that’s where the tire began to shred and the
car left the road.
The insurance companies should not be given a bailout,
at tax-payer expense, for their own jaded calculations of profits which have
blown up in their faces. CEOs must be smarter than to plot against their own
country by joining the government against the people who buy their products. Corporations can’t have it both ways: they
can’t pretend to compete in the open market and at the same time make a pact
with government to cover their losses and protect them from market competition.
