Major Healthcare Companies jumping ship from Obamacare nightmare
According to Natural News, Anthem Blue Cross, Aetna, United Health Group and Humana have all bailed out of Obamacare, fearing huge amounts of money loss if they participate in the exchanges. Although the government is underplaying the scenario by saying that it is only a few out of the handful of insurers, the fact remains that they are some of the biggest insurers. And these exchanges will be the only place where Americans will be able to buy health care policies on the basis of taxpayers’ money. This is a major blow as this will affect President Obama’s health care plan in a big way. Although the government had highlighted the entire healthcare program as a noble cause, the truth is out, and now everyone knows how harmful it will be in the long run if these plans and policies are implemented.
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According to Obamacare’s individual mandate, every individual is required to buy a healthcare plan approved by the government. And those individuals who do not opt for such policies or program will be required to do it through the exchanges in their home state. In short, it has to be purchased whether one likes it or not. Have you ever wondered how these insurance companies in the health sector run their business and generate profits? Well the answer is simple. They invest in companies that make products with severe side effects so that people need more medicines and healthcare measures to take care of the situation.
And sadly this is exactly what is happening. As per the reports published in the American Journal of Public Health, U.S. and Canadian health insurance giants own nearly $2 billion worth of stock in fast food conglomerates like McDonald’s, Burger King, KFC, Taco Bell and many more.
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