Aetna CEO scammed the ACA system & hid its own profitability-in order to gain more profit. He does not deserve a voice at that debate.
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That's one reason why the merger with Humana did not go through and judge requested financial records.
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About 6 mo. before Aetna's abrupt w/drawl from the Marketplace,I'd read about how he was principled. HA! A PR puff piece about a scammer.
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Insurance companies would much rather be a luxury purchase
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Good, good. Maybe he can explain, at that debate, how he denies coverage for life saving drugs while he personally makes billions.
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same opportunity private companies had with Medicare, govt doesn't build massive infrastructure, contracts it all out to private insurers
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which is why
#singlepayer#medicare4All should not allow non-govt 4profit entities 2 B contracted! Always costs more than fed employees -
it does not always cost more, Medicare facts show that, bigger issue is the inability of gov't to build cost effective infrastructure
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I've worked with gov contracts w private entities in hlth coverage. my exp is they bid low, end up costing way more down a short road.
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I'm not saying all, I'm speaking of Medicare where I have extensive experience, plus the single payer proposals use private processors
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#singlepayer proposal requests may include, allow private processors, that doesnt make it cost effective, down road, even in spite of.... -
look at past CMS testimony, they clearly understand using private contractors is less expensive that building cost effective infrastructure
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No it's not clear. Medicare, Medicaid programs, MAC contracts, other contracts are incredibly convoluted w many stakeholders so no not clear
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He should. As with Medicare, there is HUGE money to be made with supplemental plans.
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All about another greedy person!
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#singlepayer management must be by gov or non-profit entities for trust and people over profits. Is@aetna ceo willing to go nonprofit? NoThanks. Twitter will use this to make your timeline better. UndoUndo
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#singlepayer wont need@Aetna bcuz#SinglePayer means no supplementals& should mean NO non-gov 4profit entities contracted 2 manage claimsThanks. Twitter will use this to make your timeline better. UndoUndo
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If insurance co. is willing to talk about it, why not the Republicans? Gee, I wonder.
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Wasn't Aetna found to have lied by a federal judge in recent litigation?
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Aetna (& other big insurers) make lots of $$ from Medigap & Medicare Advantage. Medicare 4 All would get their buy-in instead of new program
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