You Used to Call This Blackmail

August 18, 2016 By: Juanita Jean Herownself Category: Uncategorized

Okay, so here’s a wall-eyed snot nosed hissy fit:

Aetna health insurance company wants to merge with Humana insurance company and have a monopoly over healthcare in America.

Last month the  Justice Department blocked it after an antitrust review, saying the two deals would lead to higher prices.

Aetna says it is not making enough money and wants to merge with Humana to make more money.

Get this.  In April of 2015 —

Aetna beat earnings estimates and recorded $777.5 million of profit in the first quarter of this year, prompting the Hartford, Conn.-based health insurer to raise profit predictions for the rest of the year.

Aetna said it was able to build higher profits into its commercial and Medicare and Medicaid health plans.

And then in April of this year, they were making plenty of profit by their own admission.

Aetna Inc. became the latest health insurer to report losses on 2015 Affordable Care Act business, a dark spot as the company unveiled sharply higher profit for the fourth quarter.

The company said its overall profit leapt 38% in the final quarter of the year, as a key measure of spending on medical costs fell. The strong quarterly results were fueled largely by its government business, which includes Medicare and Medicaid.

So, when the Justice Department said they couldn’t have a monopoly on health insurance, they did what any insanely greedy corporation with “sharply” increasing overall profits:

They damn threatened to pull damn out of the damn Affordable Healthcare coverage, dammit.

They want to leave one million people uninsured because $777 million in profit for three months is not enough money for them.

What the hell?

Here’s a company controlling healthcare in America and they don’t have a damn thing to do with healthcare.  Aetna does not own a stethoscope or an MRI machine.  They do not provide healthcare.  They sit in an office and let someone with an English degree decide if they are going to pay for something a medical doctor says you need.

Screw ‘um.  The one million people they cover in the Affordable Care Act should start reporting to Aetna offices with a hacking cough and open sores.

Thanks to everybody for the heads up.

Comments are closed.