CEO: Aetna May Have to Pull Out of Obamacare

Federal program not attracting uninsured

Aetna CEO Mark Bertolini told CNBC on Wednesday that Obamacare has failed to attract the uninsured, and he offered a scenario in which the insurance company could be forced to pull out of program.

The company will be submitting Obamacare rates for 2015 on May 15.

Comments

[triclops]

He's just angling to make sure Obama has that insurance bailout ready. All the insurers love ACA, they just pray that Vader doesn't alter the deal any further.

[James_R]

If these tbtf insurance companies don't receive government bailouts soon; our entire economic system will come crashing down around us. The feds will bail them out, blame the greedy insurance CEOs for the failure of Obamacare and the politicians will claim that their response saved millions of jobs and adverted disaster. Sound familiar?