...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?...
Thursday, August 18, 2016
Lying Corporate Liars Lying
Did Aetna Retaliate Against the Obama Administration by Threatening Consumers? | BNR:
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