Economics 101: Health insurance companies do not exist to provide health insurance Health insurance companies exist to make money; providing insurance is simply how they do that

From The Wall Street Journal: UnitedHealth Tops Expectations, to Leave Some Affordable Care Act Markets U.S. health insurer will pare its presence from 34 states this year to “only a handful” in 2017 By Anna Wilde Mathews | Updated April 19, 2016 11:48 a.m. ET UnitedHealth Group Inc. said it would remain in only a …

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We told you so: Obaminablecare premiums will have to be raised, a lot If they aren't, insurers will have to cut their losses and withdraw from the program

From The Hill: Insurers warn losses from ObamaCare are unsustainable By Peter Sullivan – 04/15/16 06:00 AM EDT Health insurance companies are amplifying their warnings about the financial sustainability of the ObamaCare marketplaces as they seek approval for premium increases next year. Insurers say they are losing money on their ObamaCare plans at a rapid …

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I told you so! Never trust the left to safeguard your rights

Just three months ago, we pointed out the nefarious ways that the left will seek to restrict your freedom: The left, the HITECH Act, and gun control We have previously noted the requirement for searchability in computerized medical records, something mandated by the Health Information Technology for Economic and Clinical Health Act, abbreviated HITECH Act, …

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We told you so!

From The Wall Street Journal: Rising Rates Pose Challenge to Health Law Higher-cost premiums for 2016 threaten the appeal of the program for the healthy customers it needs By Louise Radnofsky, Paul Overberg and Stephanie Armour | Updated November 19, 2015 2:21 p.m. ET Many people signing up for 2016 health policies under the Affordable …

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€urosclerosis: Schadenfreude! Updated!

From The Wall Street Journal: Greek Bailout Talks Yield Progress but Deal Still Uncertain German Chancellor Angela Merkel says deal won’t be made ‘at all costs’ By Gabriele Steinhauser and Viktoria Dendrinou | Updated July 12, 2015 1:59 p.m. ET BRUSSELS—The eurozone edged closer to a new bailout deal for Greece, but the agreement considered …

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We told you so!

From The Wall Street Journal: Stocks Tumble Around the World on Greek Crisis European stocks and bonds, as well as the euro, fall as Greece shuts banks and implements capital controls By Tommy Stubbington and Josie Cox |Updated June 29, 2015 8:08 a.m. ET A sudden deterioration in Greece’s debt crisis shook global markets Monday. …

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Yorkshire called it, years ago

Whilst looking back through some old Common Sense Political Thought articles, I found this sadly prescient one from Yorkshire, from 4½ years ago: Census: Fewer than 10 percent of (Baltimore) city households are nuclear families. What could possibly go wrong??? Posted by Yorkshire on 19 December 2010, 10:42 pm Census: Fewer than 10 percent of …

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We called it, seven years ago

From the old site, over seven years ago: Same-sex marriage: a fait accompli Posted by Dana Pico on 2 June 2008, 6:57 am As I noted in a comment on Pandagon,1 I think that same-sex marriage is pretty much of a done deal. Politically, I think that same-sex marriage is inevitable. Even if the California initiative passes, it could not …

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We told you so!

From The Wall Street Journal: Eurozone Summit Called After Ministers Fail to Reach Bailout Deal Special summit of eurozone leaders called for Monday By Viktoria Dendrinou and Gabriele Steinhauser | Updated June 18, 2015 6:33 p.m. ET LUXEMBOURG—Eurozone leaders will try to clinch a deal on Greece’s flailing bailout at a hastily called crisis summit …

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