U.S. judge finds that Aetna deceived the public about its reasons for quitting Obamacare

Air Langhi · Jan 26, 2017

http://www.latimes.com/business/hiltzik/la-fi-hiltzik-aetna-obamacare-20170123-story.html

Aetna claimed this summer that it was pulling out of all but four of the 15 states where it was providing Obamacare individual insurance because of a business decision — it was simply losing too much money on the Obamacare exchanges.

Now a federal judge has ruled that that was a rank falsehood. In fact, says Judge John D. Bates, Aetna made its decision at least partially in response to a federal antitrust lawsuit blocking its proposed $37-billion merger with Humana. Aetna threatened federal officials with the pullout before the lawsuit was filed, and followed through on its threat once it was filed. Bates made the observations in the course of a ruling he issued Monday blocking the merger.
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Another reason why we need a single payer system. Screw these insurance companies.

NewRoxFan · Jan 26, 2017

I am shocked. Shocked I tell you. Next thing you will tell me is that the insurance companies haven't been losing money due to ACA this whole time...

CometsWin · Jan 26, 2017

Scumbags

DaDakota · Jan 27, 2017

Well if the republicans would have let the Dems put in restrictions this would have not happened

DD

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U.S. judge finds that Aetna deceived the public about its reasons for quitting Obamacare

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