Mark T. Bertolini

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Last quote by Mark T. Bertolini

So the analysis of 17 counties that were part of the complaint is really an interesting analysis, really, in the halls of justice. But in our business, we have to operate by state, and we made our decisions by state. We made our decisions based on forward-looking earnings for 2017, because we had to file our rates for '17 in April of 2016, and we are seeing a deterioration of those markets, as we expected, which would have created greater risk for us in 2017.
Jan 31 2017
This page is completely dedicated to what Mark T. Bertolini has to say. All of Mark T. Bertolini’s quotes are organized here by date and topic. The most recent quote attributed to Mark T. Bertolini came from an article called More 'deterioration' in Obamacare risk pools; but doesn't see repeal effect in 2018: “The biggest risk for us is that in the ACA we lost $450 million last year, $100 million more than we expected. The risk pools continue to deteriorate and we are still in a number of exchanges, with 240,000 members, of which half are still new. The Department of Justice and the courts look at things by county. As a business, we operate by state, we can't have an office in every county.”.
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Mark T. Bertolini quotes

Because what's going to happen in the next year? We have people signed up; we have to honor that through 2017. We'll have to work quickly to have something for 2018.

You can't put them out on the street without insurance.

We started with a fresh piece of paper yesterday. We had no idea how to approach it.

What we're finding is third parties, who have to either provide coupons or discounts, or these drugs for free, are signing up people to the exchanges, through the enrollment system and paying the bills for them – whatever their out of pocket costs are – and moving the costs of those drugs from their own programs to ours.

Our ability to withstand these losses is dependent on our achieving anticipated synergies in the Humana acquisition. Unfortunately, a challenge by the DOJ to that acquisition and/or the DOJ successfully blocking the transaction would have a negative financial impact on Aetna and would impair Aetna's ability to continue its support.

As a strong supporter of public exchanges as a means to meet the needs of the uninsured, we regret having to make this decision.

If they can prove they get 20 nights of sleep for seven hours or more in a row, we will give them $25 a night, up $500 a year.

You can't be prepared if you're half-asleep. he has the numbers to back-up his assertion that better sleep can lead to bigger profits.

We have made a commitment to the Louisville marketplace that that will be our government headquarters. We see that organization growing, actually.

When we get done with this transaction, we'll be able to address markets that comprise 91 percent of the seniors across the United States for Medicare, which will give them a real opportunity to have a national product. More importantly, it will allow us to invest in moving care closer to home, getting higher-quality care at home.

I think Street consensus was built from a number of other aspects. Our stock is up today; our number was at least $7.75 a share, which is 10 percent of the baseline for '15. We think our guidance is appropriately prudent at this time given all the changes that will happen in '16 around the Affordable Care Act and the changes in taxes and fees in the Affordable Care Act.

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