Donald Johnson

UnitedHealth Group Hits the Deferred Care Wall

UNH, like HUM, is a major Medicare contractor, and they are paying the price for contracting out their futures to the politicians.

A President Obama and a Democratic Congress will make being in the health insurance business much less profitable and a lot less uncomfortable for the executives and managers of health insurers.

As more consumers drop health insurance in the face of $4 gas, growing inflation and soaring premiums, the cost of covering their catastrophic losses will be shifted to those who continue to pay their premiums.

This will put even more pressure on politicians to enact government-funded health insurance schemes that will increase health insurance costs paid by taxpayers. And access and quality will slide.