Summary: After announcing an exit
from the majority of the healthcare exchanges in which it currently operates,
Aetna is receiving criticism over a letter it had previously sent to the
Department of Justice (DOJ). In it, Aetna’s CEO stated that if the merger
between his organization and Humana was blocked, the company would have to
leave the exchange business. Aetna claims to have left due to financial
concerns and profitability issues with the program setup, but some wonder if
the letter was meant as a veiled threat. Experts point out that if the latter
is true, the attempt was misguided – the DOJ typically does not consider
political pressures when examining anti-trust cases and is attempting to block
the merger regardless of the letter’s intent.
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