Drudge Retort: The Other Side of the News

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Sunday, November 22, 2015

And it's not just UnitedHealth Group (NYSE: UNH) that is having very serious red ink problems over Obamacare. Goldman Sachs (NYSE: GSBD) just reported that the thirty not-for-profit Blue Cross plans are expected to lose money as a group for the first time since the 1980s -- with the Obamacare exchanges being the key driver.
Already, 12 of the 23 Obamacare created health insurance co-ops have become insolvent with almost all of the rest losing money -- 100 percent of their business is Obamacare business.


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