“Sure that’s what he’d say! He’s in the industry, so he’s one of the greedy guys,” diehard supporters of Obamacare will rationalize after watching this video of Aetna CEO Mark Bertolini singing a sad song on CNBC. The only problem with that interpretation is that the insurance industry now stands to lose big-time if the law flops, as is looking increasingly inevitable.
In the piece, Bertolini reports that people who up signed for insurance through the exchanges are sicker and more heavily subsidized than anticipated.