Obamacare Claims Another Victim as Company Forced to Close Down

Chiropractic clinic in Pennsylvania can no longer afford to operate

Paul Joseph Watson
Infowars.com
October 2, 2013

A chiropractic clinic in Pennsylvania has become the latest victim of Obamacare, being forced to close down as a result of receiving reduced payments from insurance companies.

Image: Restored Balance.

The Restored Balance chiropractic clinic in York, Pennsylvania closed its doors on September 27, four days before the launch of nationwide online Obamacare exchanges.

The reason given for the closure of the business was outlined in an email that a patient forwarded to Infowars:

“The most recent changes in ObamaCare impacted how Restored Balance got paid by insurance companies for the services we rendered. The reduced payments were not substantial enough to cover the cost of the labor, overhead expenses, and other liabilities incurred by the business. We sought to combat this insurance impact my shifting to a cash-only practice but too many of our clients relied solely on their insurance to cover our services and ceased coming. Restored Balance DID NOT close due for any other reasons than those stated above,” the email states.

Restored Balance served around 1400 patients before it was forced to close down.

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Ouch! Exxon Mobil posts big profit miss (57% Decline)

Source

Exxon Mobil on Thursday reported a 57 percent decline in second-quarter profit as oil and gas output dropped and earnings for its refining business fell.

The Irving, Tx., company’s profit was $6.9 billion, or $1.55 per share, compared with $15.9 billion or $3.41 per share in the same period a year earlier.

Oil and natural gas production fell 1.9 percent.

After the earnings announcement, the world’s largest oil and gas company saw its shares fall in pre-market trading. (Click here to get the latest quotes for Exxon.)

Analysts had expected Exxon to report earnings per share of $1.90 per share on $105.54 billion in revenue, according to a consensus estimate from Thomson Reuters.