4 votes

Aetna CEO: "I mean, there's so much wrong, you don't know what's broken until you get a lot more of it fixed,"


http://www.cnbc.com/id/101110161
Aetna's CEO gave a harshly critical review of the federal government's Obamacare marketplace Tuesday, saying "there's so much wrong, you just don't know what's broken until you get a lot more of it fixed."

Asked on CNBC's "Squawk Box" if he know the roll-out of the federal Healthcare.gov website would be "this bad," Aetna chief Mark Bertolini said his giant insurance company's role as an alpha tester for the system gave it a sense of how many problems that health insurance marketplace was facing on the eve of 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."

(Read more: Rx for Obamacare? Feds mull rebuilding website)

Since then, Bertolini said his fears have been realized, 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," he said. "Because it's very difficult. I've been there. It's career-ending in a lot of cases."

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Free Market End to Obama Snare?

Insurance companies don't lose money. But Obama has them seeing red right now. The fall out is just beginning.

.

"Because it's very difficult. I've been there. It's career-ending in a lot of cases."

Unless you work for government.

"Endless money forms the sinews of war." - Cicero, www.freedomshift.blogspot.com

SteveMT's picture

This is trash. This is a scam until proven otherwise.

Insurance companies wrote Obamacare. Proof for this is very clear. Insurance premiums have gone up and are going to go up still higher. This guy is a liar until proven otherwise. He is distancing himself from the Frankenstein monster that he had a direct hand in creating. Obamacare is fascism.

I keep wondering why more people don't focus on the . . .

obvious, universal insurance scam--

it's hard to be awake; it's easier to dream--

True

True

Insurance companies wrote Obama care?

Do you have any evidence for that? I know the basic idea was proposed by the conservative heritage foundation and became the basis for Romney care. From what I have seen so far insurance companies are pulling out in droves. I doubt they wrote the bill, if they did they would have at least designed a web site that worked. This thing is a cluster....

It is actually well known,

Leave it to Glenn Greenwald:
http://www.theguardian.com/commentisfree/2012/dec/05/obamaca...

That article is extremely well sourced in establishing that Liz Fowler, the Vice President of the largest for-profit health insurer, was a key author of the ACA.

Karen Ignagni, President of AHIP, told Obama the insurance companies were on board as long as they forced the poor people who couldn't afford it to purchase:
http://www.politico.com/arena/bio/karen_ignagni.html
https://www.youtube.com/watch?v=NCis5VBIrt8

I AM is all that is. Everything else is malleable.

Yeh - its so bad the sheep the goverment promised would

be buying are product are not able to.

Don't think for a second this guy is against Obamacare - he is mad the premiums are not rolling in faster.