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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHis eyes stare coldly into the distance, hardened by thousands of executive decisions
designed to raise value for shareholders without regard to the environment, the community or the customers who depend on his company...
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Meet Mark Bertolini, CEO of Aetna, which has recently pulled out of the Affordable Care Act public exchanges in all but four states, citing 'persistent losses' in the face of overall profit increase of 38% in the final quarter of 2015.
So...what is the REAL REASON Aetna pulled out of ACA, you ask? Heck, they're making plenty of money.
Well, here it is: The real reason Aetna pulled out of the ACA was the big, bad US Justice Department opposed its proposed merger with Humana.
That's right. You heard correctly. IT'S A PISSING CONTEST!!!
Bertolini said, "It is very likely that we would need to leave the public exchange business entirely and plan for additional business efficiencies (euphemism for threatened layoffs - my note) should our deal ultimately be blocked."
Here's the link to the capitalist criminal's profit mongering reasoning behind his company's recent move, which hurts individual Americans like you and me: http://www.huffingtonpost.com/entry/aetna-obamacare-pullout-humana-merger_us_57b3d747e4b04ff883996a13?
global1
(25,166 posts)Cryptoad
(8,254 posts)Helen Borg
(3,963 posts)ReRe
(10,597 posts)... of all that is wrong with the world. What you get when you combine evil and greed.