Don’t Worry, Private Health Insurers Will Be Just Fine

[Better Believe It]

Don’t Worry, Private Health Insurers Will Be Just Fine
By: Jon Walker
January 13, 2011

In case you were worried that the new health care law, the so-called “government takeover of health care,” was going to hurt the profits of the completely unnecessary private health insurance middlemen, don’t be. From Politico:

Investors say they’re increasingly optimistic on health insurers’ future for two crucial reasons: regulations released this year have been relatively industry-friendly, increasing stability, and the health reform’s new business opportunities are beginning to look more tangible.

Aetna is exploring how to capitalize on the individual market, expected to boom in 2014 when Americans must purchase health insurance or pay a fine.

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“We have major efforts underway to strategize on how to take advantage of those opportunities,” said the insurer’s CFO, Joseph M. Zubretsky, in a presentation to health investors. “We’re clearly understanding the risks…but with millions coming on to the health exchanges, one needs to not only balance risk but really understand the opportunity for growth that exists in this market place.”

Read the full article at:

http://fdlaction.firedoglake.com/2011/01/13/dont-worry-private-health-insurers-will-be-just-fine/

[ellenfl]

1. and i was so worried about them!

:sarcasm:

ellen fl