Stock Market Losses Under Trump

[baddog]

12 minutes ago, OlDawg said:

Actually, it was United Health Care. Heavily weighted on the Dow & posted lower earnings & bad forecast for remainder of the year.

I actually don’t mind them losing money a bit. They are one of the major players in the rip-off of Medicare. All the Medicare Advantage sellers up charge the government (our tax $$$) for their policies, deny a lot of coverage, cover it up with health club membership bullcrap & such, then drop folks when they actually get really sick or elderly & dump them back on Medicare. Then, it’s almost impossible for people to get supplemental coverage & they’re left with OOP costs many can’t afford, and Medicare winds up paying for the really expensive medical treatment that might have been prevented if the Advantage plan had allowed treatment earlier.

(Always makes me furious just thinking about it.)

Beware Medicare Advantage plans. They ARE too good to be true.

When I posted earlier today, that was what was on the stock page. It doesn’t even concern me anymore but I hope Trump turns it around for everyone else.

[OlDawg]

12 minutes ago, baddog said:

When I posted earlier today, that was what was on the stock page. It doesn’t even concern me anymore but I hope Trump turns it around for everyone else.

No problem. I should clarify I wouldn’t attack a CEO either. That’s not allowable to me at all. But, if DOGE wants to do a deep dive into Medicare spending, this (Medicare Advantage) is an area that could expose a LOT of fraud.

[LumRaiderFan]

23 minutes ago, thetragichippy said:

What? 

Easy to beat? How soon we forget the killing you guys got 5 months ago.

It all depends on how these tariffs come out. With most nations making deals, I think we he will be fine. 

Agree, the country said, with certainty, last election that they wanted no more democrat lunacy.

[LumRaiderFan]

34 minutes ago, OlDawg said:

Actually, it was United Health Care. Heavily weighted on the Dow & posted lower earnings & bad forecast for remainder of the year.

I actually don’t mind them losing money a bit. They are one of the major players in the rip-off of Medicare. All the Medicare Advantage sellers up charge the government (our tax $$$) for their policies, deny a lot of coverage, cover it up with health club membership bullcrap & such, then drop folks when they actually get really sick or elderly & dump them back on Medicare. Then, it’s almost impossible for people to get supplemental coverage & they’re left with OOP costs many can’t afford, and Medicare winds up paying for the really expensive medical treatment that might have been prevented if the Advantage plan had allowed treatment earlier.

(Always makes me furious just thinking about it.)

Beware Medicare Advantage plans. They ARE too good to be true.

Yes, they are, couldn’t agree more.

[UT alum]

3 hours ago, OlDawg said:

Actually, it was United Health Care. Heavily weighted on the Dow & posted lower earnings & bad forecast for remainder of the year.

I actually don’t mind them losing money a bit. They are one of the major players in the rip-off of Medicare. All the Medicare Advantage sellers up charge the government (our tax $$$) for their policies, deny a lot of coverage, cover it up with health club membership bullcrap & such, then drop folks when they actually get really sick or elderly & dump them back on Medicare. Then, it’s almost impossible for people to get supplemental coverage & they’re left with OOP costs many can’t afford, and Medicare winds up paying for the really expensive medical treatment that might have been prevented if the Advantage plan had allowed treatment earlier.

(Always makes me furious just thinking about it.)

Beware Medicare Advantage plans. They ARE too good to be true.

You are 100% correct. All you really have to do is consider this:  When open enrollment comes around, Advantage plans are advertised at least 10 times as much as Supplement plans. Why you think that is? Companies advertise the most for the plans that make THEM the most money. 
 

With advantage plans, you sign your Medicare rights over to the insurance company, your premium withheld from Social Security goes to them, and they get to direct your care. 

[OlDawg]

Off topic for stock market discussion. But, since I’ve happened to find an area where at least two posters with diametrically opposed views agree, I’ll go ahead & drop this right here.

Can we agree this may be a good area for the technical wizards with DOGE to investigate and advise? It doesn’t mean cutting benefits—as some are claiming.

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@UT alum

@LumRaiderFan

 

[LumRaiderFan]

9 hours ago, OlDawg said:

Off topic for stock market discussion. But, since I’ve happened to find an area where at least two posters with diametrically opposed views agree, I’ll go ahead & drop this right here.

Can we agree this may be a good area for the technical wizards with DOGE to investigate and advise? It doesn’t mean cutting benefits—as some are claiming.

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@UT alum

@LumRaiderFan

 

It would be a great idea for DOGE to step in and advise on making this more efficient, if fact, they would be the perfect fit when I read that almost half of the $84 billion spent on MA participants is due to “coding intensity”.

I mean, what’s the down side?

[OlDawg]

1 hour ago, LumRaiderFan said:

It would be a great idea for DOGE to step in and advise on making this more efficient, if fact, they would be the perfect fit when I read that almost half of the $84 billion spent on MA participants is due to “coding intensity”.

I mean, what’s the down side?

Wait til you read this one. Waste, fraud & abuse to the max. Not just the $84 billion. Apparently, our government has known about this stuff for 4 Administrations & done nothing but pocket the insurance lobbies’ money.

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Meanwhile, my better 1/2, with Parkinson’s Plus which keeps her from walking, writing, talking clearly, bathing, going to the bathroom, eating, or clothing herself has to hire a disability attorney to try to fight to get disability where she can have insurance. At 61 years young, we have to be on outrageously expensive ACA for her to have any coverage at all since we’re in the ‘donut hole’ unless we pay an attorney and cross our fingers and wait. And—in Texas—unless your 65, the state doesn’t require supplemental insurance to cover preexisting conditions.

It’s a big mess and a crock. Sorry. I guess I should be happy/thankful we can get anyone to cover her at all. Off my soapbox now.
 

[LumRaiderFan]

56 minutes ago, OlDawg said:

Wait til you read this one. Waste, fraud & abuse to the max. Not just the $84 billion. Apparently, our government has known about this stuff for 4 Administrations & done nothing but pocket the insurance lobbies’ money.

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Meanwhile, my better 1/2, with Parkinson’s Plus which keeps her from walking, writing, talking clearly, bathing, going to the bathroom, eating, or clothing herself has to hire a disability attorney to try to fight to get disability where she can have insurance. At 61 years young, we have to be on outrageously expensive ACA for her to have any coverage at all since we’re in the ‘donut hole’ unless we pay an attorney and cross our fingers and wait. And—in Texas—unless your 65, the state doesn’t require supplemental insurance to cover preexisting conditions.

It’s a big mess and a crock. Sorry. I guess I should be happy/thankful we can get anyone to cover her at all. Off my soapbox now.
 

Hopefully DOGE will bring enough awareness that the Trump administration won't kick the can down the road anymore.

Very sorry that you and your wife are having to deal with a situation like this, when so much money is being spent on those that are actually gaming the corrupt system.

[Reagan]

On 4/15/2025 at 9:22 AM, DCT said:

Midterms will be a game changer.  Megas will definitely need to keep the windows under lock and key.
His approval is in the trash. 

 

Looks like the public disagrees with you.

PS -- I saw the new democratic slogan:   DeMS 13

[LumRaiderFan]

1 hour ago, Reagan said:

 

Looks like the public disagrees with you.

PS -- I saw the new democratic slogan:   DeMS 13

I can name multiple reasons to vote for Republicans to stay the course, can anyone list reasons to vote for the democrats, other than they hate Trump?

What’s appealing, it it love for MS-13, love of wasteful spending, love of open borders, love of men pummeling women in sports??

Help me out, what’s the appeal?

[baddog]

Another bad day. Stocks close at same amount as yesterday. Lol

[UT alum]

20 hours ago, OlDawg said:

Off topic for stock market discussion. But, since I’ve happened to find an area where at least two posters with diametrically opposed views agree, I’ll go ahead & drop this right here.

Can we agree this may be a good area for the technical wizards with DOGE to investigate and advise? It doesn’t mean cutting benefits—as some are claiming.

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@UT alum

@LumRaiderFan

 

Yes, I was somewhat surprised to get a heart from Reagan. We agree on the symptoms, but I’m pretty sure we won’t agree on the cure. Without lobbying reform and campaign finance reform, Big Pharma and the Insurance Industry will continue to pick our pockets. We do pay the most as a percentage of GDP for healthcare with inferior outcomes. I did extensive research on this using the CIA’s World Fact Book a few years back.

My career was in insurance. For all you youngsters out there approaching Medicare eligibility DO NOT buy an Advantage plan. Keep your Medicare rights. AARP’s plan with United Healthcare and Mutual of Omaha sell good Supplements. At least, United is good for now (that’s what I have).

[UT alum]

11 hours ago, LumRaiderFan said:

It would be a great idea for DOGE to step in and advise on making this more efficient, if fact, they would be the perfect fit when I read that almost half of the $84 billion spent on MA participants is due to “coding intensity”.

I mean, what’s the down side?

Healthcare costs have nothing to do with the government. If anything, Medicare helps keep costs down by with their pricing schedules. DOGE can’t help much on this one. What is $84 billion against $3 trillion (total cost, public and private).

[LumRaiderFan]

4 hours ago, UT alum said:

Healthcare costs have nothing to do with the government. If anything, Medicare helps keep costs down by with their pricing schedules. DOGE can’t help much on this one. What is $84 billion against $3 trillion (total cost, public and private).

When Obamacare kicked in I saw my healthcare cost increase significantly and when we had our yearly meeting it was without a doubt the cause.

Healthcare costs are absolutely affected by government.  
 

Do you have a problem with DOGE trying to cut wasteful spending?