DOJ demanded Aetna explain how merger-block would affect the insurer’s exchange participation | Washington Examiner

HuffPo reporters write of Aetna’s CEO Mark Bertolini: “he made a clear threat: If President Barack Obama‘s administration refused to allow the merger to proceed, he wrote, Aetna would be in worse financial position and would have to withdraw from most of its Obamacare markets, and quite likely all of them.”

It turns out this “threat” was a direct answer to a question the DOJ ordered Aetna to answer.

“Explain how [the transaction being blocked] affect Aetna’s business strategy and operations, including Aetna’s participation on the public exchanges related to the Affordable Care Act and any products or geographic areas in which Aetna may withdraw or reduce operations,” the DOJ demanded.

Source: DOJ demanded Aetna explain how merger-block would affect the insurer’s exchange participation | Washington Examiner

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s