AETNA CEO: The Obamacare exchanges are in a 'death spiral'

In our new world of alternative facts, letters to the editor have appeared from employees of companies or unions or governmental agencies bemoaning the Affordable Care Act (Obamacare).

During the 2016-2017 open enrollment period, the total number of people signing up for insurance through the federal Heathcare.gov exchange fell by 400,000.

Through the rest of the year, Humana said it would continue to serve its exchange customers in the 11 states where it offers policies, but it would cease offering any policies on the exchanges next year.

Early signs from the Trump dministration, the Department of Health and Human Services and Congress indicate that in addition to a repeal and replace strategy, there will be an early review of existing regulations in an effort to assist rural hospitals, McMillan said.

House of Commons passes Brexit Bill
Following the June vote, there was speculation that pro-European lawmakers might try to delay or even stop the Brexit process. Supreme Court decision which said the government must seek lawmakers' approval before proceeding with Brexit.

Bruce Broussard, the CEO of Obamacare unit, also confirmed that indeed they are seeing visible signs of demented risk in their exchange plans made over the last few years and, therefore, they have chose to discontinue with the same in the upcoming year, 2018.

"We strongly believe that any changes to our health coverage system must maintain this minimum set of benefits to ensure that beneficiaries, regardless of where they live or what health plan they choose, can receive the care and treatment they depend on or may need in the future".

This year, Humana is covering about 150,000 people through the Obamacare exchanges.

"During this district work week, I look forward to meeting with many healthcare providers and patient advocacy groups". If you do not like them, write to your congressman. "Democrats are blue. We all support the ACA, and so should you". People were still steadily enrolling in insurance during open enrollment in January.

Former state DOT worker from Buffalo is Somalia's new president
The candidates spoke out after the commander of the police reportedly endorsed President Mohamud for re-election. Allegations of widespread vote buying overshadowed the electoral process, including the presidential race.

In related news, Aetna chief executive Mark Bertolini told a Wall Street Journal conference that 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.

"These proposals would help stabilize the current individual market and are a good start toward improving the functioning of the marketplace, so that any longer-term reforms can begin on a better footing", said Alissa Fox, a senior vice president of Blue Cross Blue Shield, a major player on the exchanges.

Trump himself clearly agreed, tweeting, "Obamacare continues to fail. Loosening the age rating requirements in the ACA without also expanding advance premium tax credits is a misguided policy that will make health insurance less affordable for millions of Americans". Instead of lasting three months, it will start on November 1 and end on December 15.

Senate Lawmakers Hear Impacts Of ACA Repeal
Trump has called for repealing and replacing the law "essentially simultaneously". So far, Republicans have been unable to come up with such a plan.


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