Thursday, August 18, 2016

Lying Corporate Liars Lying

Did Aetna Retaliate Against the Obama Administration by Threatening Consumers? | BNR:

...Aetna claims they are withdrawing because they have lost $430 million on the exchanges, but this claim doesn’t add up. First of all, Aetna posted a 38% profit increase in their most recent quarterly figures, even factoring in ACA plans that aren’t turning a profit, and just this month, they beat projected earnings by 4%. Second of all, just three months ago, Aetna CEO Mark Bertolini announced plans to participate in five more exchanges starting in 2017. So, why the sudden reversal?...

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