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In reply to the discussion: Aetna will drop out of health insurance exchanges if they are not profitable enough [View all]ProSense
(116,464 posts)44. And
I said what I meant
Despite your repeated attempts to ignore it. Aetna was very clear in what they said. They said that if they can't get the margins they need/want, they will drop out of pursuing markets. They anticipate that this will be in markets in which they currently don't have existing pricing data. Predominately because they will rely upon "commercial" pricing in those markets. If the exchanges can form in a way that will create sufficient profit potential, they will pursue it. Smaller markets probably won't fit that business model. If they can form into larger exchanges where Aetna has sufficient pricing data, Aetna will pursue those exchanges. Small markets would do well to try to coordinate with large ones. That will reduce Aenta's risk in those exchanges and offer a better chance of attracting them to those markets.
This is the system Obama created.
Despite your repeated attempts to ignore it. Aetna was very clear in what they said. They said that if they can't get the margins they need/want, they will drop out of pursuing markets. They anticipate that this will be in markets in which they currently don't have existing pricing data. Predominately because they will rely upon "commercial" pricing in those markets. If the exchanges can form in a way that will create sufficient profit potential, they will pursue it. Smaller markets probably won't fit that business model. If they can form into larger exchanges where Aetna has sufficient pricing data, Aetna will pursue those exchanges. Small markets would do well to try to coordinate with large ones. That will reduce Aenta's risk in those exchanges and offer a better chance of attracting them to those markets.
This is the system Obama created.
...I said what I meant: Rejoice!
http://www.democraticunderground.com/?com=view_post&forum=1002&pid=2806487
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Aetna will drop out of health insurance exchanges if they are not profitable enough [View all]
eridani
May 2013
OP
Don't worry, this is just a temper tantrum which will be effective. Congress will fix it for them
sabrina 1
May 2013
#46
I dropped Aetna a few months ago. Saved $19,200 a year thanks to President Obama's plan.
graham4anything
May 2013
#2
Doctors have to charge that much so that the insurance company pays them enough.
hobbit709
May 2013
#10
Exactly, nothing but Middlemen who drain money from the HC providing nothing in actual HC
sabrina 1
May 2013
#47
...and if they pay out ...you will have to pay them back if you get any money from anyone else.
L0oniX
May 2013
#26
Good, then in good capitalistic spirit they will be crushed and go out of business.
cbdo2007
May 2013
#27