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Aetna

It's Official: Employee Wellness Is a "Scam"

Al Lewis | Posted 04.17.2015 | Politics
Al Lewis

No Affordable Care Act (ACA) provision enjoys more bipartisan support than the provision encouraging employers to pay or fine employees based on their health and health behaviors, a practice known as "workplace wellness."

McDonald's and Walmart Raise the Floor on Wages: Six More Moves for Business on Inequality

Maureen Conway | Posted 04.03.2015 | Business
Maureen Conway

Co-authored by Judith Samuelson Inside of a few weeks, business has shifted the national dialogue about what constitutes a fair wage. Aetna CEO Mark B...

McDonald's and Walmart Raise the Floor on Wages: Six More Moves for Business on Inequality

Judith Samuelson | Posted 04.02.2015 | Business
Judith Samuelson

Inequality is a problem for everyone -- for business, for the health of the democracy and for society at large. Our free-enterprise system is the driver of income and wealth. Business leaders don't have to wait for government solutions to the inequality problem. They have the tools at hand -- they just need the courage to step away from the pack and use them.

The More Skin We Put in the Game, the More Wall Street Likes It

Wendell Potter | Posted 03.18.2015 | Business
Wendell Potter

One way for Aetna to satisfy Wall Street was to begin shifting more and more of the cost of health care -- and health insurance -- to their customers. That meant that sick policyholders in particular would be paying more out of their own pocket for their care. Our marketing folks came up with an almost Orwellian name for this cost shifting: "consumer-driven health care."

Proof! Happier and Healthier Heart Patients Generate Savings

Michael B. Laskoff | Posted 03.09.2015 | Healthy Living
Michael B. Laskoff

It's quite a thing to start a company like AbilTo and to be lucky enough to to see it grow and prosper. This is particularly the case because we are i...

The ABCs of Mindful Living: Authenticity, Balance & Compassion

Ira Israel | Posted 03.05.2015 | Healthy Living
Ira Israel

To help people understand what it means to live mindfully, I have broken it down to ABCs.

Health Insurers' Stock Soars as They Dump Small Business Customers

Wendell Potter | Posted 03.28.2015 | Politics
Wendell Potter

Among those who apparently have not yet benefited much at all, at least so far, are owners of small businesses who would like to keep offering coverage to their employees but can no longer afford it. They can't afford it because insurers keep jacking their rates up so high every year that more and more of them are dropping employee health benefits altogether.

This CEO Fought For Better Wages At His Company. Guess What Happened.

The Huffington Post | Paige Lavender | Posted 01.23.2015 | Business

Mark Bertolini, CEO of Aetna, explained how he increased wages for his workers, arguing that taking better care of his employees would in turn lead to...

To the CEO of Aetna: Three More ideas to Reduce Inequality

Judith Samuelson | Posted 03.19.2015 | Business
Judith Samuelson

Cynics will point out that while Aetna may be a first mover in the health care industry, the total cost of Bertolini's announcement is chump change. Aetna's profits weigh in at about $2 billion per year.

Aetna CEO Asked Execs To Read Piketty, Then Gave His Lowest-Paid Workers A Raise

The Huffington Post | Emily Cohn | Posted 01.13.2015 | Business

One CEO has taken a step that could help fend off Thomas Piketty's nightmare vision of rising wealth inequality: He's giving thousands of his workers a raise.

Health Insurers (and Their Shareholders) Win Midterm Election!

Wendell Potter | Posted 01.10.2015 | Politics
Wendell Potter

Insurers know the president won't allow the law to be repealed or even altered substantially, which will be good for future profits, and they also know they can count on the Republicans to push through legislation to get rid of the health plan tax and let them sell low-value policies again.

Other States Should Follow California's Lead in Providing Health Plan Ratings

Wendell Potter | Posted 12.21.2014 | Politics
Wendell Potter

Regardless of where you live, you should check out those rankings before selecting your insurance carrier for 2015. You'll find that, just as in California, the nonprofits lead the pack and the for-profits are eating their dust.

The Journey Of Personal and Organizational Wellness

Mark T. Bertolini | Posted 04.01.2015 | Business
Mark T. Bertolini

Helping employees build resilience and reduce stress isn't just the right thing to do -- it can also help the bottom line.

Big Insurance Companies Won't Be Big Insurance Companies Much Longer. Here's Why

Wendell Potter | Posted 11.22.2014 | Business
Wendell Potter

What Boeing is doing represents a seismic shift in health care financing and delivery that potentially will have more far-reaching effects than Obamacare, primarily because it is coming from the private sector, not the government.

Asbestos Litigation Summit Tackles Issues of Trust

Sara Warner | Posted 11.09.2014 | Politics
Sara Warner

The insular and well-heeled world of American asbestos litigation is gathering atop San Francisco's Nob Hill this week for what amounts to an annual current-events snapshot, and this year things may get a bit testy in the industry triangle of plaintiff attorneys, defense firms and insurance companies.

Whether You Go With Aetna, Allstate, AIG or Another, Avoid the Four Big Insurance Traps

George Bradt | Posted 10.06.2014 | Business
George Bradt

Don't get trapped by overindulgence, bells and whistles, too many organizations taking their slice of the pie or those prone to fly-by-night. When it ...

Skyrocketing Health Insurer CEOs' Paychecks Are "Crazy," Says Executive Comp Expert

Wendell Potter | Posted 08.09.2014 | Business
Wendell Potter

Almost all of the publicly traded health insurers reported big increases in revenue and profits last year. The big winners have been the top executives of those companies, led by Mark Bertolini, CEO of Aetna, the nation's third largest health insurer.

GOP Divorced From Reality on Obamacare

Leo W. Gerard | Posted 07.12.2014 | Politics
Leo W. Gerard

Just last week, Republicans got caught in a lie about Obamacare very publicly -- at their own hearing on Obamacare. As failed GOP presidential wannabe Rick Perry would say, "Oops."

Insurance Data Debunks GOP Talking Point

The Huffington Post | Emily Cohn | Posted 05.07.2014 | Business

The latest Republican attack on Obamacare has just been debunked. A high percentage of enrollees in the Affordable Care Act, President Barack Obama...

Why It's More Important Than Ever to Keep an Eye on Health Insurers

Wendell Potter | Posted 07.05.2014 | Politics
Wendell Potter

After writing a couple weeks back that we need to keep an eye on profit-hungry health insurers to make sure they are not refusing to pay for medically necessary care, I got a flood of emails and tweets from people with stories to share.

Jeffrey Young

These Health Insurance Companies Are Winning At Obamacare

HuffingtonPost.com | Jeffrey Young | Posted 01.27.2014 | Business

A central promise of Obamacare was to spur competition between insurance companies to drive down health care costs and give consumers more choices. Th...

Should Health Insurers Have to Tell the Truth About Their Political Spending?

Wendell Potter | Posted 02.15.2014 | Politics
Wendell Potter

Both the AAN and Chamber have spent millions on ads calling for the repeal of the Affordable Care Act. While Aetna stands to gain financially from the law, it and other insurers have been critical of the potentially profit-threatening consumer protections and regulations in it.

Blue Cross Blue Shield "Bronze Plan" Faces Springfield Fight

David Ormsby | Posted 01.23.2014 | Chicago
David Ormsby

The Blues' and their "Bronze Plan" are in for a fight. While media coverage of the Illinois legislature's fall veto session has been dominated by p...

Tomorrow Is D-Day for Health Insurers: The Beginning of Disintermediation

Wendell Potter | Posted 11.30.2013 | Politics
Wendell Potter

I've often said that the Affordable Care Act is the end of the beginning of reform. Starting tomorrow, October 1, 2014, that law will signify the beginning of the end of the health insurance industry as we know it.

Rate Shock: The Scare That Wouldn't Stick

Wendell Potter | Posted 11.03.2013 | Politics
Wendell Potter

Politicians and the media were all too willing to repeat what CEOs of big for-profit insurance corporations were saying without analyzing their motives or taking into account the fact that the marketplaces will force real competition in the health insurance world.