At the end of 2012, Mark Bertolini, the CEO of Aetna, the third-largest health insurer in the country, warned that many consumers would face premium rate shock with the advent of Obamacares major insurance regulations in 2014. He predicted that unsubsidized premiums would rise 20 to 50 percent, on average.
You don't have to wonder why the big health insurance companies -- including United Healthcare's marketing arm, AARP -- were big supporters of ObamaCare. For a crony fascist, what's not to like about a 20-50% revenue increase, with every American forced to buy your product.
posted on 01/07/2013 11:55:49 AM PST
(No tag today.)
For a crony fascist, what's not to like about a 20-50% revenue increase, with every American forced to buy your product.
Indeed. However the company will be at the mercy of the politicians who have their shock collar around their neck- and ours.
posted on 01/07/2013 12:01:55 PM PST
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