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 Originally Posted by Ash256
Out of interest, how much did Obamacare fuck up healthcare corporations profits?
Not that easily quantifiable right now, but the answer is that their profits haven't been screwed. They have lost out on things like attempts to control administrative costs, but they gain out big time on mandatory coverage. This could change big time too since most effects aren't coming in for years. Not to mention that the corps have a monopoly on the market, and they've already started exploiting that in protest to the new law
It's more that if the corporations did it the way they envision, it's 50 mph towards profits, while the way Obama wants it's only 30 mph towards profits. Barry didn't fix shit, and the corps are going to win out big time over the long term by fighting and exploiting loopholes and stuff.
There's simply too much money on their side. It doesn't really matter what the law says, it matters who buys the interpreters of the law. Judges are breaking the law every day, but because they're the arbiters, they can say it's not breaking and lo n behold they're right. This is why Obama hasn't changed anything. The corps are still going to put the money in the right places and they're going to find ways around most of the barriers of any insurance reform
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