• synae[he/him]@lemmy.sdf.org
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    17 hours ago

    Sounds like tHe mARkEt thinks something will gut the industry. But there is no indication of actual real change happening. So what’s going on?

      • halcyoncmdr@lemmy.world
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        19 hours ago

        Then they’re a monopoly, so we’ll split them back up in 20 years. And let this cycle continue again.

    • Empricorn@feddit.nl
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      1 day ago

      Like every other modern country! They all get better care for less money!!!

    • catloaf@lemm.ee
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      1 day ago

      Awfully optimistic of you to expect that it’ll be replaced by anything better.

      • captainlezbian@lemmy.world
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        5 hours ago

        I have mixed feelings. On one hand I can absolutely see m4a being awesome if implemented in the laziest way and I can see Trump winding up doing that purely for popularity (highly unlikely but not impossible). But I imagine it’s more likely to be like tricare and i imagine it would explicitly exclude politicized Healthcare like abortion, birth control, and gender affirming care.

        • Trainguyrom@reddthat.com
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          4 hours ago

          US Healthcare is in a pretty bad spot as it is, any durable improvement would be an improvement nonetheless. Just like how the Affordable Care Act was a significant improvement over the wild under-regulated denial-fest that the pre-ACA insurance industry was

      • GHiLA@sh.itjust.works
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        1 day ago

        but I wouldn’t leave replacing them off of the table…

        Trump wants his solutions. It’s gonna be hard figuring out what solutions currently in place will be allowed to stay.

  • Empricorn@feddit.nl
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    1 day ago

    An entire industry built on taking money they didn’t earn to deny the care our doctors prescribe for us… Are we stupid??

    • Lucidlethargy@sh.itjust.works
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      4 hours ago

      It’s not stupidity, because over 99% of us didn’t have a choice. It’s greed. Greedy little piggy leaders of major systems designed to fuck over everyone but them.

      • The Quuuuuill@slrpnk.net
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        1 day ago

        worse, we vote for healthcare reforms that would take us back to when no one poor got any care at all. we elected our own killers

      • RagingRobot@lemmy.world
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        1 day ago

        Those people are the only options on the ballot though. We can’t vote for something that’s not an option

        • Pips@lemmy.sdf.org
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          22 hours ago

          The fuck are you talking about? First of all, primaries exist. Secondly, with only a few notable exceptions, Democrats favor single-payer. The original ACA was a government healthcare bill with a private option but Joe Lieberman was the holdout and gutted it. Stating otherwise is intellectually dishonest and deliberately ignorant, or at worst a malicious rewrite of history.

          • RagingRobot@lemmy.world
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            15 hours ago

            In the last primary who was calling for a switch to a single payer healthcare system? None of the candidates were talking about that.

            Joe Liberman left office in 2013. That was 11 years ago.

            What the fuck are you talking about about?

          • leadore@lemmy.world
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            19 hours ago

            It was a private system with a public option, but 6 of 1, half a dozen of the other I guess.

      • kent_eh@lemmy.ca
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        1 day ago

        Not only that , but voting for the people who are promising to make it even worse.

  • Mouselemming@sh.itjust.works
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    1 day ago

    Good. Shareholding and profiteering off healthcare should not be a thing. It should be a government service not a business, although I’d bet a million dollars I don’t have, that it won’t happen under Trump. And if it ever does happen, they had better fucking plan it to be rock-solid against ruthless cutthroat cheating grifters like him.

  • Asafum@feddit.nl
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    1 day ago

    What shit timing for this… Imagine if this happened like a year ago. Maybe Democrats could have actually had a reason to be pushed to talk about this… Seeing how even Magoos were happy the guy got killed maybe things could have been different.

    We live in the stupid timeline though so somehow this will just get worse :/

    • Bronzebeard@lemm.ee
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      1 day ago

      1/3+ of the party wanted Bernie. Twice. And they couldn’t be arsed to talk about it, his primary policy position. They’re still not taking about it. Too much donor money involved for them to give a shit what their voters say.

    • the post of tom joad@sh.itjust.works
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      1 day ago

      Dems killed off single-payer years ago. Obamacare was designed to be dogshit under their watch. Sorry friend, we both are in the sufferin’-timeline where the DNC never does anything but crush any chance at progressive policy that could “hurt” their rich donors

      • Rhaedas@fedia.io
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        1 day ago

        That not entirely accurate. Just a wander through the wiki on the history of the ACA shows what happened, both the efforts and roadblocks, the improvements to what was before, as well as the limited time frame.

  • the post of tom joad@sh.itjust.works
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    1 day ago

    5 to 13 percent isn’t a big deal really. I bet it’s not even due to what article implies. investors don’t care about public perception, they’re worried that UHC changed course on a lucrative planned policy (restricting anaesthesia) and might do so again impacting profits.

    • Milk_Sheikh@lemm.ee
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      19 hours ago

      Wut?

      U.S. regulations have three levels of a circuit breaker, which are set to halt trading when the S&P 500 Index drops 7%, 13%, and 20%.

      Granted that’s the main market index not an individual security, but a 5-11% drop is significant. Iirc the last time it ended the day’s trading for the S&P was the start of COVID, when investors ran a fire sale liquidation because nobody knew if the whole world was going to die.

      A downswing is a hurdle to recover from in raw math terms, and represents a bigger blow to vibes based trading, especially given the legislative (virtue signaling so far) action on anti-trust, or the current popular sentiment against insurers.

  • Avid Amoeba@lemmy.ca
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    1 day ago

    Why are they falling, the market can’t seriously expect the upcoming administration to regulate them.