10/14/13

Aetna CEO's scathing summary of ObamaCare launch

Aetna's CEO gave a harshly critical review Monday of the federal government's Obamacare marketplace, saying, "There's so much wrong, you just don't know what's broken until you get a lot more of it fixed."
Asked if he knew that the rollout of Healthcare.gov would be problematic, the insurer's CEO, Mark Bertolini, said his giant company's role as an alpha tester for the system gave it a sense of how many problems the health insurance marketplace faced on the eve of its launch.
"We were pretty nervous as we got further along," Bertolini said. "As they started missing deadlines, we were pretty convinced it was going to be a difficult launch."
His fears have been realized, he said, and the technological debacle seen at Healthcare.gov is one similar to just the handful he's witnessed in his career.
"It's nothing you ever like to repeat," Bertolini said. "Because it's very difficult. I've been there. It's career-ending in a lot of cases."    [SVW]
-->Laughing Conservative lives in hope that Obama's is the career that it costs.
Meantime Aetna Inc. has decided not to sell insurance on New York's individual health insurance exchange, which is being created under President Barack Obama's healthcare reform law, the fifth state where it has reversed course in recent weeks.  The third-largest U.S. health insurer has said it is seeking to limit its exposure to the risks of providing health plans to America's uninsured, but did not give details about its decision to pull out of specific markets.