Aetna CEO Told DOJ He'd Abandon Obamacare If It Blocked His Merger
Aetna is downsizing its role in Obamacare despite previously defending its losses on the federal exchanges.By Matt Picht | August 17, 2016
Aetna's decision to abandon most of its presence in the federal health care exchanges set up by Obamacare is facing new scrutiny.
The Huffington Post obtained a letter that Aetna CEO Mark Bertolini sent to the U.S. Department of Justice in July, back when the department was considering a merger request between Aetna and Humana. In the letter, Bertolini emphasized just how much it cost the company to participate in Obamacare.