General Discussion

ProfessorGAC

(76,706 posts)

29. You Sure? I Haven't Heard That

Thu Jun 17, 2021, 01:56 PM

Jun 2021

Absent COVID costs, insurance companies have been making record profits for 10 years.
Premiums still exceed costs to provide & their cash flow has been such that they're lending record amounts of money for capital projects and short term line of credit (SLOC) loans to manufacturing concerns.
I don't see why they would be against it if they're prospering with the law in place.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

61 replies

= new reply since forum marked as read

Highlight:

BREAKING: 7-2 Supreme Court dismisses Obamacare challenge [View all] superpatriotman Jun 2021 OP

YES! Now it is safe for the Ages! Tomconroy Jun 2021 #1

Afraid not. "avoided deciding whether the ACA as revised is constitutional..." Hortensis Jun 2021 #17

The court ruled that neither an individual Tomconroy Jun 2021 #27

You're not going nearly underlying enough. Check out the Hortensis Jun 2021 #33

No right to privacy fescuerescue Jun 2021 #58

:) Yea! Connecticut decided in the 1960s to enforce an 1800s law Hortensis Jun 2021 #60

Nah, they just ruled that the plaintiffs in this case didn't have standing. Calista241 Jun 2021 #21

I doubt it StarfishSaver Jun 2021 #22

They already ruled it constitutional. This should send a message to the GOP ... Demsrule86 Jun 2021 #28

The Voting Rights Act had 50 years of government policies and legal rulings based upon it Calista241 Jun 2021 #31

The voting rights act was not ruled constitution like the ACA...we should rejoice in our victories. Demsrule86 Jun 2021 #51

The ACA doesn't have a "Constitutional" label either. Calista241 Jun 2021 #55

I must say I am shocked by this SoonerPride Jun 2021 #2

just a nit-pick re - 'corporate colors' Voltaire2 Jun 2021 #3

Insurance corporations Xipe Totec Jun 2021 #12

You Sure? I Haven't Heard That ProfessorGAC Jun 2021 #29

indeed. It bakes in their profits. What's not to love? Voltaire2 Jun 2021 #36

This: Xipe Totec Jun 2021 #42

You need to look at the history Xipe Totec Jun 2021 #43

Your Last Paragraph ProfessorGAC Jun 2021 #45

The suit was filed in 2017, four years ago Xipe Totec Jun 2021 #46

But, They Didn't ProfessorGAC Jun 2021 #47

Thomas????? Shocker! hlthe2b Jun 2021 #4

I guess it's the broken clock theory IRL superpatriotman Jun 2021 #5

No. That's not how Thomas works Bucky Jun 2021 #56

No kidding jcgoldie Jun 2021 #13

Since Scalia died.... SergeStorms Jun 2021 #32

I wouldn't worry about Clarence not having friends Bucky Jun 2021 #57

This could be finally it DrToast Jun 2021 #6

Those guys at The Federalist must be wondering why they bought a zuul Jun 2021 #7

The Handmaiden vote is what shocks me the most. lark Jun 2021 #9

You Said It! ProfessorGAC Jun 2021 #30

The Psycho must be Cha Jun 2021 #35

Bratt Keggerballs lagomorph777 Jun 2021 #14

Frat KeggerDraught geardaddy Jun 2021 #20

Both of these are great! calimary Jun 2021 #24

Thanks! geardaddy Jun 2021 #25

I love this. geardaddy Jun 2021 #26

If we're all done coming up with clever insulting twists on their names... Bucky Jun 2021 #59

yeah LetMyPeopleVote Jun 2021 #8

Corporate colors? Health insurance company lobbyists helped draft it. Jose Garcia Jun 2021 #10

How did the former guy's plan to "repeal and replace with something better" go? Initech Jun 2021 #11

I love the irony that the GOP blocked one route to challenging the law. Martin68 Jun 2021 #15

I believe that Trump helped secure this victory by promising a replacement plan NCjack Jun 2021 #16

Those who love to see others suffer Turbineguy Jun 2021 #18

Obamacare saved the health insurance industry from themselves. hunter Jun 2021 #19

K&R Blue Owl Jun 2021 #23

Coney-Barrett was in support?? budkin Jun 2021 #34

I know, right? ShazzieB Jun 2021 #39

Good news. This is a great relief to me. I have been sweating this one. Midnight Writer Jun 2021 #37

The ACA benefits big insurance corporations. Of course the Scotus will support it. If this were a jalan48 Jun 2021 #38

Whatever the motivation, Elessar Zappa Jun 2021 #44

Absolutely. That's where we're at today. jalan48 Jun 2021 #49

Exactly. Check out their other opinion today... druidity33 Jun 2021 #50

It's hard to cheer for a program that funnels billions of taxpayer dollars to middle men. jalan48 Jun 2021 #52

Woohoooooooo!!!!!! BigmanPigman Jun 2021 #40

I predicted this right here on DU. WarGamer Jun 2021 #41

Great Mad_Machine76 Jun 2021 #48

Tired of hearing this shit. My husband stayed with a shitty job for more than a decade Demsrule86 Jun 2021 #53

How does a case that lacks standing get so far? bucolic_frolic Jun 2021 #54

Their perveived "harm" is ridiculous when you look at it. chriscan64 Jun 2021 #61