Insurance giant Aetna (AET) has joined a growing number of insurers warning that the ObamaCare exchanges are failing in just the way critics said they would. This year’s anemic enrollment won’t help.
This week, Aetna CEO Mark Bertolini warned that “we continue to have serious concerns about the sustainability of the public exchanges.” Aetna lost more than $100 million last year on the 750,000 enrollees it has through ObamaCare exchanges.
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7 comments:
this is the sound of the world's smallest violin playing just for those poor publicly subsidized insurance giants...
Chickens coming home to roost.
The insurance companies were giddy at the prospect of vast numbers of healthy people being forced to sign up and pay premiums while their chances of running up big bills were low.
No sympathy for those companies who drank Obama's Kool Aid.
Cry me a river. Truth is this company and others like it have enjoyed record profits every single quarter since 2004 while raping it's customers with arbitrary increases. Screw them. Wake up.
A plan drummed up by their own lawyers in cahoots with the IRS, and PASSED SO WE COULD SEE WHAT'S IN IT!!!!!
We read it before it was passed.
We told you it was a pile of crap.
We showed you it wouldn't work.
We shouted it from the rooftops.
Now, repeal it, DUH!
One of the worst medical insurance companies in the US. My company used them and then switched to Cigna. Aetna was awful. I have no sympathy for them.
Time for medicare for all.
Obama care is taking tax dollars for sub standard care.
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