Friday, January 10, 2014

And. Here. We. Go.

But in a filing with the Securities and Exchange Commission, Humana disclosed to investors, "as a result of the December 2013 federal and state regulatory changes allowing certain individuals to remain in their previously existing off-exchange health plans, the Company now expects the risk mix of members enrolling through the health insurance exchanges to be more adverse than previously expected."

Can you say "death spiral"?

Math doesn't care about your good intentions. It just likes to watch the world burn.

1 comment:

  1. To explain the Joker reference:

    The insurance companies (the mob) had something good going, but turned to try to use something they didn't understand and ultimately can't control. They supported Ocare (the joker), and in doing so, helped loose it on us. Now, it's out there and going to lead to burning.

    It'll probably end just about as well as it did for Mr. Lau and the rest of the mob in Dark Knight.