Wednesday, February 15, 2017 2:06 PM
Aetna CEO says Obamacare individual plans are in 'death spiral'
NEW YORK (Reuters) - Aetna Inc Chief Executive Mark Bertolini on Wednesday said the individual Obamacare exchanges are in a "death spiral" where rising premiums push out healthy customers and leave only the sickest customers behind, which then drives up premium rates further. Bertolini was speaking at a Wall Street Journal conference one day after it and Humana Inc walked away from their merger because the government blocked it on antitrust grounds. ...