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Aetna CEO warns: Expect price hikes, bankruptcies, and policy changes
Hot Air ^ | MARCH 28, 2010 | ED MORRISSEY

Posted on 03/29/2010 12:10:19 PM PDT by RobinMasters

“If you like your doctor, you can keep your doctor … If you like your coverage, you can keep your coverage.” Barack Obama repeatedly offered these promises to audiences across the US in campaigning for ObamaCare, but Ron Williams, CEO of Aetna, begs to differ. Williams provides health insurance to over 36 million people, and he has one message for Charlie Rose and the US — expect change:

Will insurance premiums go up?

The answer is yes, and some of the things that will drive those premiums are significant additional taxes the industry will ultimately have to pay in the first year.

The President said that this bill would not have any impact on people who already had coverage, that it was about the uninsured, that there would be no change. Will this legislation change the coverage of people who are already paying for it?

My perception is, yes, things will change. You might not have a plan that includes the exact same doctors. You might have plans that have richer benefits, and therefore you’re going to pay more for benefits you may or may not want. It would have been a better message to say, we’re going to make certain you maintain your eligibility.

(Excerpt) Read more at hotair.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; Front Page News; News/Current Events
KEYWORDS: aetna; bankruptcy; bhohealthcare; ceo
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To: RobinMasters

The plan is right on target for Soros and Ayers and the Emanuel boys.

But they failed to do one thing that will be their undoing. Rule Number 1 for Marxists is to disarm “the enemy.” They NEVER should have started this process while there are armed citizens willing to protect the Constitution.

Conservatives have the upper hand even as Obama lies and says we don’t.

Destiny awaits Obama . . . is he willing to accept it?


21 posted on 03/29/2010 12:53:36 PM PDT by HighlyOpinionated (SPEAK UP REPUBLICANS, WE CAN'T HEAR YOU YET! IMPEACH OBAMA!)
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To: FatherofFive

“And Ron is a Black man, so this is not just another a racist statement.”

Of course it is. He’s obviously ashamed of being a black man and compensates by lashing out at blacks in general and toadying up to the evil white man.


22 posted on 03/29/2010 12:54:12 PM PDT by Scotsman will be Free (11C - Indirect fire, infantry - High angle hell - We will bring you, FIRE)
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To: LowTaxesEqualProsperity

“Obama legally forces the private sector to charge working people more money for less services.”
Yes, which will get the proles in an uproar. They will demand the great zero do something, and he will. Say goodbye to the evil, profiteering scum insurance companies, and say hello to single payer govt insurance.


23 posted on 03/29/2010 12:56:27 PM PDT by Scotsman will be Free (11C - Indirect fire, infantry - High angle hell - We will bring you, FIRE)
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To: RobinMasters

‘lil late now to be complaining.


24 posted on 03/29/2010 12:57:24 PM PDT by ken21 (i am not voting for a rino-progressive.)
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To: RobinMasters
Plato on Obama, small
25 posted on 03/29/2010 12:57:46 PM PDT by Oceander (The Price of Freedom is Eternal Vigilance -- Thos. Jefferson)
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To: Oceander

Love that photo of Lord Obama with the lifted chin.

I’ve never seen any political figures in the long decades of my
life and reading that reminds me more of “Il Duce”.

All I can say is that at least Mussolini made the trains run on time!!!


26 posted on 03/29/2010 1:30:21 PM PDT by VOA
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To: VOA
Yup. Didn't he also end up strung up by the ankles?

DNC Viagras Pedophiles, small version
27 posted on 03/29/2010 1:36:15 PM PDT by Oceander (The Price of Freedom is Eternal Vigilance -- Thos. Jefferson)
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To: RobinMasters

Oh yeah?

Well we’ll just make price spikes illegal!

-the American Left


28 posted on 03/29/2010 3:54:58 PM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: Cheerio

RE: “Me thinks Ron Williams, CEO of Aetna. can expect to be summoned to Waxman’s witch hunt along with CEOs of AT&T, Deere, et. al.

Anyone who has doubted this Admin and this Congress want to DESTROY PRIVATE INDUSTRY in America, also do not believe Obama when he promised he was out to TRANSFORM America.”

**********

I know a bit re Williams — I was in the executive office at WellPoint when he was one of the top four execs there. He is one smart cookie! He takes no prisoners and knows the business extremely well - bright, bright guy.

At Aetna, he has the top spot though he may be wishing he’d stayed at WellPoint with Leonard Schaeffer, et al, and taken his many many millions in cash and stock when they were acquired by Anthem of Indiana. It was a case of the weaker company acquiring the stronger, larger one but hey, that’s another story.

The big insurers now initially thought Obama care sounded great; they would get the contracts to administer the plans and still remain more than solvent. But now that details are coming out, they are clearly rethinking their initial glee.

It will be interesting to see if Williams, who is black and more articulate and smart than Obama could ever hope to be, will have the guts to really speak out at any hearings. One can only ‘hope,’ eh?


29 posted on 03/29/2010 4:32:57 PM PDT by CaliforniaCon
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To: Grampa Dave

Re the photo of Ron Williams —

Yep, that’s him all right!!! Quiet guy but VERY tough.


30 posted on 03/29/2010 4:34:22 PM PDT by CaliforniaCon
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To: RobinMasters
Obama will make him an offer he can't refuse.


31 posted on 03/29/2010 4:36:59 PM PDT by Hoodat (For the weapons of our warfare are mighty in God for pulling down strongholds.)
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To: RobinMasters
Ron Williams, CEO of Aetna can expect to testify in front of Congress. You don't disagree with the Chicago thuggery. It's a rule. /s
32 posted on 03/29/2010 4:37:30 PM PDT by kcvl
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To: subterfuge
Aetna deserves every bit of scorn anyone can muster. It has NOTHING to do with ObamaPelosi-care.

Ahhh, I see. The Eeeeevil insurance company. You'll fit in well with the brave new future.

33 posted on 03/29/2010 4:43:32 PM PDT by Cyber Liberty (Build a man a fire; he'll be warm for a night. Set a man on fire; he'll be warm the rest of his life)
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To: VOA

“Il Duce”

I believe that translates to “The Douchebag” in English.


34 posted on 03/29/2010 4:45:41 PM PDT by Fresh Wind ("...a whip of political correctness strangles their voice"-Vaclav Klaus on GW skeptics)
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To: AdmSmith; Berosus; bigheadfred; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; ...
Williams provides health insurance to over 36 million people... Will insurance premiums go up? The answer is yes, and some of the things that will drive those premiums are significant additional taxes the industry will ultimately have to pay in the first year... things will change. You might not have a plan that includes the exact same doctors. You might have plans that have richer benefits, and therefore you're going to pay more for benefits you may or may not want. It would have been a better message to say, we're going to make certain you maintain your eligibility.
The "Cadillac" plans which are provided to unionized labor (including government employees, who make up most of the remaining unionized labor, with labor being largely euphemistic here) won't be taxed, sez Obama/Pelosi/Reid/brownshirts, but they're such liars, and the phrase "revenue neutral" which was so popular with Demwits in Congress the first two years of the Bush administration, will eventually rear its ugly head (around election time, 2010, after they and their partisan media shills have the "debate" framed just right so the Party of the Single Party State appears to be the lesser of two evils), meaning they will have to be taxed to support this monstrosity.

Companies which do not have unionized workforces (as well as some which do) will offer to pay incentives (although it may be worded differently) to employees to switch to Obamacare, because it will save them in the short run, and ultimately they know the tax burden for this abomination will have to be borne by those who are lucky enough to still have jobs after the Demwit cratering of the US economy and workplace.
35 posted on 03/29/2010 6:05:28 PM PDT by SunkenCiv ("Fools learn from experience. I prefer to learn from the experience of others." -- Otto von Bismarck)
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To: Cyber Liberty
Ahhh, I see. The Eeeeevil insurance company. You'll fit in well with the brave new future

Blow it out your a$$, jerkwad. I never said they were evil, that is on you. They're a horribly managed business and I'll be taking mine elsewhere soon. Just because I DON'T support obamacare doesn't mean I can't tell the bloody truth about Aetna. $600 a month for two people and they don't cover sh!t. My wife has survived cancer twice and is a high risk. Do you think she could get a checkup once every year or two on Aetna? Seem reasonable? It isn't to them. Educate yourself before spouting off, jerk.

Ask around and while you're at it, quit with tired cliches. You make the forum look bad.

36 posted on 03/30/2010 9:42:37 AM PDT by subterfuge (BUILD MORE NUCLEAR POWER PLANTS NOW!!!)
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To: subterfuge

In the context of this thread, then, your criticism of Aetna was just sniping. OK.

Jerkwad.


37 posted on 03/30/2010 10:43:44 AM PDT by Cyber Liberty (Build a man a fire; he'll be warm for a night. Set a man on fire; he'll be warm the rest of his life)
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To: Cyber Liberty

Sure it was sniping. I said in the original post what I was posting had nothing to do with obamacare.

I guess you didn’t much care for being slighted either, huh?


38 posted on 03/30/2010 12:54:25 PM PDT by subterfuge (BUILD MORE NUCLEAR POWER PLANTS NOW!!!)
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To: subterfuge

It’s my bad, subterfuge. I’m having a series of bad days, and I was the one sniping.

Sorry....


39 posted on 03/30/2010 2:08:02 PM PDT by Cyber Liberty (Build a man a fire; he'll be warm for a night. Set a man on fire; he'll be warm the rest of his life)
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To: Cyber Liberty

No problemo Cyb. I’m sorry too.

Take care.


40 posted on 03/31/2010 8:30:05 AM PDT by subterfuge (BUILD MORE NUCLEAR POWER PLANTS NOW!!!)
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