healthmyths
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- Sep 19, 2011
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Aetna to pull out of most Obamacare exchanges
The insurer will stop offering policies on the exchanges in 11 of the 15 states where it currently operates, according to a press release it issued Monday evening. Aetna (AET) will only sell Obamacare products in Delaware, Iowa, Nebraska and Virginia.
Aetna, which had 838,000 exchange customers at the end of June, said its policyholders are turning out to be sicker and costlier than expected.
The company, along with its peers, has criticized the federal program designed to mitigate those risks.
"Providing affordable, high-quality health care options to consumers is not possible without a balanced risk pool," said Aetna CEO Mark Bertolini.
Aetna to pull out of most Obamacare exchanges
See the issue was Obama never understood how health insurance works!
Case in point NOT ONE mention of Tort Reform as a major measure and here is the FACT.
90% of physicians say they order duplicate tests,specialists referrals..at a cost of over $850 billion a year!
http://www.jacksonhealthcare.com/media/8968/defensivemedicine_ebook_final.pdf
90% of physicians surveyed say they order $850 billion a year in wasted duplicate tests, referrals all out of FEAR of being SUED!
--- Emergency medicine, primary care, and OB/GYN physicians are most likely to practice defensive medicine.
--- 79 to 83% of surgeons and OB/GYNs have been named in lawsuits.
"Physicians contracted by the federal government practice significantly less defensive medicine as they are protected against lawsuits by the 1946 Federal Tort Claims Act. "
-- BUT........Only 48% practice defensive medicine compared to 92% of non-government physicians.
Consider that fact that of the physicians interviewed, 52% DID NOT practice defensive medicine!
Who were the doctors that didn't practice "defensive medicine"?
Doctors contracted by federal government!
WHY did these doctors NOT practice "defensive medicine"??? 1946 Federal Tort reform Act!
The insurance companies don't care to argue these claims.
They pay the $850 billion. Simply raising premiums.
So how come Obamacare taxed tanning salons 10% because tanning causes tanning,
but they wouldn't tax lawyers' $270 Billion income.
If educated physicians are telling you they fear lawsuits and order duplicate tests, etc. why wasn't there any effort to reduce the $850 billion spent in duplicate testing,etc. possible?
The reason though lawyers were protected though is almost half of Congress and of course Obama are lawyers!
A simple reduction of the $850 billion a year in defensive medicine claims would have reduced the Aetna's claims cost and again THEY don't care because they simply raise their premiums!
So when Aetna wants to get out of Obamacare it's because they can't make that evil profit...which many of you ignorant dummies hold against Aetna and any other for profit organization...but you are so dumb!
It is out of these profits "RESERVES" are created. Without the "RESERVES" states' insurance regulators won't let insurance companies sell insurance. If the Aetnas' don't make profits ...no reserves... no state allows them to sell! It is that ...f....king SIMPLE but you idiots that are against "PROFITS" listen!
That's the ONLY way insurance companies can stay in the health insurance business.
So have Civilian TORT reform. Reduce the fear of Lawsuits! This WILL LOWER THE $850 BILLION A YEAR OF WASTED DUPLICATE TESTS,ETC.!!!
The insurer will stop offering policies on the exchanges in 11 of the 15 states where it currently operates, according to a press release it issued Monday evening. Aetna (AET) will only sell Obamacare products in Delaware, Iowa, Nebraska and Virginia.
Aetna, which had 838,000 exchange customers at the end of June, said its policyholders are turning out to be sicker and costlier than expected.
The company, along with its peers, has criticized the federal program designed to mitigate those risks.
"Providing affordable, high-quality health care options to consumers is not possible without a balanced risk pool," said Aetna CEO Mark Bertolini.
Aetna to pull out of most Obamacare exchanges
See the issue was Obama never understood how health insurance works!
Case in point NOT ONE mention of Tort Reform as a major measure and here is the FACT.
90% of physicians say they order duplicate tests,specialists referrals..at a cost of over $850 billion a year!
http://www.jacksonhealthcare.com/media/8968/defensivemedicine_ebook_final.pdf
90% of physicians surveyed say they order $850 billion a year in wasted duplicate tests, referrals all out of FEAR of being SUED!
--- Emergency medicine, primary care, and OB/GYN physicians are most likely to practice defensive medicine.
--- 79 to 83% of surgeons and OB/GYNs have been named in lawsuits.
"Physicians contracted by the federal government practice significantly less defensive medicine as they are protected against lawsuits by the 1946 Federal Tort Claims Act. "
-- BUT........Only 48% practice defensive medicine compared to 92% of non-government physicians.
Consider that fact that of the physicians interviewed, 52% DID NOT practice defensive medicine!
Who were the doctors that didn't practice "defensive medicine"?
Doctors contracted by federal government!
WHY did these doctors NOT practice "defensive medicine"??? 1946 Federal Tort reform Act!
The insurance companies don't care to argue these claims.
They pay the $850 billion. Simply raising premiums.
So how come Obamacare taxed tanning salons 10% because tanning causes tanning,
but they wouldn't tax lawyers' $270 Billion income.
If educated physicians are telling you they fear lawsuits and order duplicate tests, etc. why wasn't there any effort to reduce the $850 billion spent in duplicate testing,etc. possible?
The reason though lawyers were protected though is almost half of Congress and of course Obama are lawyers!
A simple reduction of the $850 billion a year in defensive medicine claims would have reduced the Aetna's claims cost and again THEY don't care because they simply raise their premiums!
So when Aetna wants to get out of Obamacare it's because they can't make that evil profit...which many of you ignorant dummies hold against Aetna and any other for profit organization...but you are so dumb!
It is out of these profits "RESERVES" are created. Without the "RESERVES" states' insurance regulators won't let insurance companies sell insurance. If the Aetnas' don't make profits ...no reserves... no state allows them to sell! It is that ...f....king SIMPLE but you idiots that are against "PROFITS" listen!
That's the ONLY way insurance companies can stay in the health insurance business.
So have Civilian TORT reform. Reduce the fear of Lawsuits! This WILL LOWER THE $850 BILLION A YEAR OF WASTED DUPLICATE TESTS,ETC.!!!