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Wednesday, February 15, 2017

Insurer CEO: Obamacare in a death spiral


The leader of one of America's largest insurers said Obamacare is collapsing in a death spiral, a day after another insurer bolted from the federal insurance exchanges.

Aetna CEO Mark Bertolini said the marketplaces are in a "death spiral" in pointed remarks Wednesday during a Wall Street Journal event. He added that more insurers likely would leave next year.

The comments come a day after Humana announced it would leave the last remaining states it offers plans in. Humana initially had offered plans in 15 states, but reduced it to 11 in 2017 and in 2018 will completely withdraw from the marketplaces.

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3 comments:

Anonymous said...

Most people with half a brain figured this out 8 years ago. My wife, who works in health care, read the bill and said it was doomed from the start.
What amazes me is that it is now proven that the architects of Obamacare, and Obama himself, lied about it many times. Where were the protests then? The libtards and MSM are complete hypocrites! Remember pelosi?..you have to pass it to see what's in it.
Thank God Her Royal Lie-Ness was not elected, or the lie would have been perpetuated.

Steve said...

Evergreen pulled out of Maryland for this year, and who knows how many other states. We shouted from the rooftops back then to throw it out, but Miss Choppy Hands told the Boneheads they had to pass it to se what was in it, out loud and in front of everybody, and they all said, "Duh, okay".

Anonymous said...

Follow the (D) money..... again.