Aetna threatened to quit Obamacare if government blocked Humana merger
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
April 26, 2024, 05:05:09 PM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  U.S. General Discussion (Moderators: The Dowager Mod, Chancellor Tanterterg)
  Aetna threatened to quit Obamacare if government blocked Humana merger
« previous next »
Pages: [1]
Author Topic: Aetna threatened to quit Obamacare if government blocked Humana merger  (Read 1231 times)
NewYorkExpress
Atlas Star
*****
Posts: 24,823
United States


Show only this user's posts in this thread
« on: August 17, 2016, 12:11:21 PM »

http://www.latimes.com/business/hiltzik/la-fi-hiltzik-aetna-obamacare-20160817-snap-story.html

Since the feds sued to block the merger, Aetna has reduced participation in Obamacare exchanges to four   states.

Sour Grapes much?
Logged
Sprouts Farmers Market ✘
Sprouts
Atlas Icon
*****
Posts: 14,764
Italy


Political Matrix
E: -4.90, S: 1.74

Show only this user's posts in this thread
« Reply #1 on: August 17, 2016, 01:20:37 PM »

This is what happens when you don't go all the way and fail to drop the hammer on the industry titans.
Logged
heatcharger
Junior Chimp
*****
Posts: 5,392
Sweden


Political Matrix
E: -1.04, S: -0.24

Show only this user's posts in this thread
« Reply #2 on: August 17, 2016, 01:32:12 PM »

This is what happens when you don't go all the way and fail to drop the hammer on the industry titans.

Which is why a single-payer system is vastly superior. No squabbling from insurance companies.
Logged
Antonio the Sixth
Antonio V
Atlas Institution
*****
Posts: 58,167
United States


Political Matrix
E: -7.87, S: -3.83

P P
Show only this user's posts in this thread
« Reply #3 on: August 17, 2016, 03:14:04 PM »

Gotta love some good ol' corporate blackmail.
Logged
Clark Kent
ClarkKent
Sr. Member
****
Posts: 3,480
United States


Show only this user's posts in this thread
« Reply #4 on: August 17, 2016, 03:39:16 PM »

Good for Aetna.
Logged
JerryArkansas
jerryarkansas
YaBB God
*****
Posts: 4,535
United States


Show only this user's posts in this thread
« Reply #5 on: August 17, 2016, 03:51:10 PM »

So denying health coverage just because you can't form a monopolistic trust is good.  How screwed up are your views in life.
Logged
Maxwell
mah519
Atlas Star
*****
Posts: 28,459
Germany


Political Matrix
E: -6.45, S: -6.96

Show only this user's posts in this thread
« Reply #6 on: August 17, 2016, 04:46:12 PM »

yeah but Obamacare is ruining America blah blah blah
Logged
Santander
Atlas Star
*****
Posts: 27,936
United Kingdom


Political Matrix
E: 4.00, S: 2.61


Show only this user's posts in this thread
« Reply #7 on: August 17, 2016, 04:56:30 PM »

So denying health coverage just because you can't form a monopolistic trust is good.  How screwed up are your views in life.
No, they are making a fully legal and ethical business decision. Their customers will find new plans, it's not a big deal.
Logged
Badger
badger
Atlas Legend
*****
Posts: 40,329
United States


Show only this user's posts in this thread
« Reply #8 on: August 18, 2016, 01:45:49 AM »

So denying health coverage just because you can't form a monopolistic trust is good.  How screwed up are your views in life.
No, they are making a fully legal and ethical business decision. Their customers will find new plans, it's not a big deal.

WTF?
Logged
Santander
Atlas Star
*****
Posts: 27,936
United Kingdom


Political Matrix
E: 4.00, S: 2.61


Show only this user's posts in this thread
« Reply #9 on: August 18, 2016, 02:03:59 AM »

So denying health coverage just because you can't form a monopolistic trust is good.  How screwed up are your views in life.
No, they are making a fully legal and ethical business decision. Their customers will find new plans, it's not a big deal.
WTF?
How is it illegal or unethical to exit a market that the company did not find financially viable? There is no need to speculate on the reasoning of their actions.
Logged
Antonio the Sixth
Antonio V
Atlas Institution
*****
Posts: 58,167
United States


Political Matrix
E: -7.87, S: -3.83

P P
Show only this user's posts in this thread
« Reply #10 on: August 18, 2016, 03:08:12 AM »

There is no need to speculate on the reasoning of their actions.

Oh really?
Logged
JerryArkansas
jerryarkansas
YaBB God
*****
Posts: 4,535
United States


Show only this user's posts in this thread
« Reply #11 on: August 18, 2016, 05:57:19 AM »

So denying health coverage just because you can't form a monopolistic trust is good.  How screwed up are your views in life.
No, they are making a fully legal and ethical business decision. Their customers will find new plans, it's not a big deal.
WTF?
How is it illegal or unethical to exit a market that the company did not find financially viable? There is no need to speculate on the reasoning of their actions.
They were making money in these markets.  They only left as repubution for not getting what they want.  Did you not read the damn articles about this and only wanted to make some stupid political point which no one cares about.
Logged
Cassius
YaBB God
*****
Posts: 4,598


Show only this user's posts in this thread
« Reply #12 on: August 18, 2016, 06:16:27 AM »

So denying health coverage just because you can't form a monopolistic trust is good.  How screwed up are your views in life.
No, they are making a fully legal and ethical business decision. Their customers will find new plans, it's not a big deal.
WTF?
How is it illegal or unethical to exit a market that the company did not find financially viable? There is no need to speculate on the reasoning of their actions.
They were making money in these markets.  They only left as repubution for not getting what they want.  Did you not read the damn articles about this and only wanted to make some stupid political point which no one cares about.

Generally speaking businesses do like to get what they want yes.
Logged
Santander
Atlas Star
*****
Posts: 27,936
United Kingdom


Political Matrix
E: 4.00, S: 2.61


Show only this user's posts in this thread
« Reply #13 on: August 18, 2016, 07:59:43 AM »

So denying health coverage just because you can't form a monopolistic trust is good.  How screwed up are your views in life.
No, they are making a fully legal and ethical business decision. Their customers will find new plans, it's not a big deal.
WTF?
How is it illegal or unethical to exit a market that the company did not find financially viable? There is no need to speculate on the reasoning of their actions.
They were making money in these markets.  They only left as repubution for not getting what they want.  Did you not read the damn articles about this and only wanted to make some stupid political point which no one cares about.
Businesses have finite resources and book profits alone do not determine a business' decisions.
Logged
JerryArkansas
jerryarkansas
YaBB God
*****
Posts: 4,535
United States


Show only this user's posts in this thread
« Reply #14 on: August 18, 2016, 08:31:11 AM »

So denying health coverage just because you can't form a monopolistic trust is good.  How screwed up are your views in life.
No, they are making a fully legal and ethical business decision. Their customers will find new plans, it's not a big deal.
WTF?
How is it illegal or unethical to exit a market that the company did not find financially viable? There is no need to speculate on the reasoning of their actions.
They were making money in these markets.  They only left as repubution for not getting what they want.  Did you not read the damn articles about this and only wanted to make some stupid political point which no one cares about.
Businesses have finite resources and book profits alone do not determine a business' decisions.
No they don't, but leaving a market for not getting your way is low.  And you trying to defend it is sad of you. 
Logged
Slander and/or Libel
Figs
Sr. Member
****
Posts: 2,338


Political Matrix
E: -6.32, S: -7.83

Show only this user's posts in this thread
« Reply #15 on: August 18, 2016, 09:30:39 AM »

One of the states Aetna is pulling out of is Pennsylvania, which by all accounts, looks to have been profitable:

https://www.balloon-juice.com/2016/08/17/aetna-cynicism-and-pennsylvania/
Logged
Taco Truck 🚚
Schadenfreude
Jr. Member
***
Posts: 958
Show only this user's posts in this thread
« Reply #16 on: August 18, 2016, 11:45:52 AM »

So denying health coverage just because you can't form a monopolistic trust is good.  How screwed up are your views in life.
No, they are making a fully legal and ethical business decision.

Blackmail and lying to investors is ethical?  Wow.  Must be some of those "family values" the party of Trump is always going on about.

Quote
You must be logged in to read this quote.
Logged
Comrade Funk
YaBB God
*****
Posts: 4,182
United States


Political Matrix
E: -5.16, S: -5.91

P P P

Show only this user's posts in this thread
« Reply #17 on: August 18, 2016, 11:52:45 AM »

Even if we are to believe Aetna quitting Obamacare is an "ethical business decision", this is just further proof of how unethical our healthcare system is. We have a select group of top insurance companies (Aetna, United Healthcare, Blue Cross Blue Shield, Cigna, etc, etc) deciding the fate of who receives affordable healthcare. It's absolutely embarrassing. Of all the issues, this gets me most mad because our politicians take $$$ from these crooks, and are complicit in putting Americans in more debt.

Logged
Atlas Has Shrugged
ChairmanSanchez
Atlas Superstar
*****
Posts: 38,096
United States


Political Matrix
E: 5.29, S: -5.04


Show only this user's posts in this thread
« Reply #18 on: August 18, 2016, 12:06:48 PM »

I'm more concerned about Jerry's emotional wellbeing then I am the corporate practices of Aetna TBH.
Logged
JerryArkansas
jerryarkansas
YaBB God
*****
Posts: 4,535
United States


Show only this user's posts in this thread
« Reply #19 on: August 18, 2016, 12:44:43 PM »

I'm more concerned about Jerry's emotional wellbeing then I am the corporate practices of Aetna TBH.
Why, because I'm arguing with someone over something I find reprehensible. 
Logged
Atlas Has Shrugged
ChairmanSanchez
Atlas Superstar
*****
Posts: 38,096
United States


Political Matrix
E: 5.29, S: -5.04


Show only this user's posts in this thread
« Reply #20 on: August 18, 2016, 12:55:22 PM »

I'm more concerned about Jerry's emotional wellbeing then I am the corporate practices of Aetna TBH.
Why, because I'm arguing with someone over something I find reprehensible. 
Because your immediate response is to basically start yelling.
Logged
JerryArkansas
jerryarkansas
YaBB God
*****
Posts: 4,535
United States


Show only this user's posts in this thread
« Reply #21 on: August 18, 2016, 12:58:31 PM »

I'm more concerned about Jerry's emotional wellbeing then I am the corporate practices of Aetna TBH.
Why, because I'm arguing with someone over something I find reprehensible. 
Because your immediate response is to basically start yelling.
What I posted isn't yelling, but ok.
Logged
Badger
badger
Atlas Legend
*****
Posts: 40,329
United States


Show only this user's posts in this thread
« Reply #22 on: August 19, 2016, 12:41:40 AM »

I'm more concerned about Jerry's emotional wellbeing then I am the corporate practices of Aetna TBH.

Something about a pot and a kettle comes to mind here .
Logged
Associate Justice PiT
PiT (The Physicist)
Atlas Politician
Atlas Superstar
*****
Posts: 31,180
United States


Show only this user's posts in this thread
« Reply #23 on: August 20, 2016, 02:28:42 PM »

     If Aetna can so cavalierly discard Obamacare over not getting what they want, that says something about Obamacare as a market.
Logged
Pages: [1]  
« previous next »
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.056 seconds with 12 queries.