In response to:

Only One Person Signed up for Obamacare in North Carolina

aintnobodygottimeforthat Wrote: Nov 05, 2013 3:28 PM
Listened to an expert discuss the "as it was written and passed" before anyone knew what was in it.... Apparently the industry made assumptions (guesses) about enrollment and how the risk would be spread - guaranteeing profit vs.ANY loss. As it appears now they will eat it big time - so, guess what's in the law? If their loss is over a certain percentage they are guaranteed a BAIL OUT. That's why they were all complicit to this disaster. Essentially there was NO risk for the industry AT ALL.
smitty41 Wrote: Nov 05, 2013 3:31 PM
it was all designed to fail, but the industry is always smarter than the bureaucracy and they knew they could make a killing before it got fixed or ends in single payer.